Facebook said today it has paid more than $40,000 to people who have uncovered bugs on its Web site in the first three weeks of its Bug Bounty program.

The company launched its bug bounty program at the end of last month as a way to compensate people who find and report bugs that might otherwise go unfixed or be exploited by malicious hackers. Bug hunters can make upwards of $500 per bug reported.

via Facebook paid $40,000 to bug hunters in three weeks | InSecurity Complex – CNET News.