It’s not all upside for Apple’s Bug Bounty program…:
[…] Apple is balancing two competing demands for the new program. On the one hand, Ellis says that expanded access to the program should bring talented new researchers into the Apple security field. On the other hand, “Crowd sourcing can be quite effective but also quite noisy,” he explains, saying that a company can end up wading through many low-quality exploits or repeats of existing vulnerabilities from new researchers if it doesn’t carefully stage the new researchers into the program.
That “noise” is part of the reason that not everyone is convinced that Apple is on the right track with the new program. “Apple’s new $1 million bug bounty has more potential to wreak havoc on the defensive security ecosystem than it does to protect users,” says Katie Moussouris, founder and CEO of Luta Security. “While some exploits may be acquired this way, and some new talent may come forward, this ultimately isn’t a sustainable payout for defense.”