Apple’s head of security and engineering architecture, Ivan Kritic, revealed yesterday that the iPhone maker is finally creating a bug bounty program that will offer rewards of up to $200,000 to security researchers who find vulnerabilities on the company’s various software platforms.
The news came during a keynote at the annual Black Hat Conference in Las Vegas where Kritic also gave attendees a behind-the-scenes look at iOS 10 security as part of Apple’s effort to become more open about its architecture in hopes of improving it.