The exchange platform "Coinbase" offers a $ 50,000 reward to detect security vulnerabilities
digital·@walidchabir·
0.000 HBDThe exchange platform "Coinbase" offers a $ 50,000 reward to detect security vulnerabilities
One of the largest digital exchange platforms in the world, CoinBase has announced that it will actively participate in the Hackerone project called "Hack the World". Offering $ 50,000 to the first successful remote code execution. The company is making efforts to expand the Gap Discoveries program in the hope of staying "in the top position in the market" when it comes to security. "The QuinBas platform loves the gap detectors Gains detection is an initiative increasingly used by companies to find their security issues and problems by stimulating piracy with these rewards. Where the pirates who receive the reward to disclose to the companies about the problems before being exploited by bad parties. As Philip Martin, Chief Security Officer of the Quinpas platform, said: "We are grateful to all security researchers who have worked hard to find and report on weaknesses." Instead of researchers who "have an option to use these weaknesses themselves," it is possible to "sell vulnerabilities to third parties for rewards that are good and legal returns for the time invested by the researcher," he said. To date, 73 weaknesses have been identified in the Quinpas platform. Mr. Martin stressed that the rewards are "to make the work of security researchers with good faith legal, while preventing malicious acts of piracy. The five-year exchange platform has paid $ 176,031 in bonuses to 223 researchers through 346 of the 3101 reports that have been evaluated. This year, the QuinPas platform joins the competition hosted by Hackerone, "Break the World". "In order to help build stronger relationships between our diskette and our customers, reward high signals and high-impact reports, and get some fun along the way by giving some outstanding prizes to the most prominent pirates," said one non-signatory blog post. Sponsors range from Uber, Github, Airbnb to Mapbox and Dropbox. The Quinpas platform also offers "the three most significant gaps, as part of the Global Breakout Project, additional amounts of $ 10,000, $ 7,500 and $ 5,000." While the "most influential" gaps will be judged by the QuinBas security team through knowledge of the severity of the errors and the degree of risk to the system and the existence of the report. The payments by companies for a competition that broke through the world are classified as follows: 1. Remote code execution: "$ 50,000"; 2. Significant manipulation of the account balance: "$ 10,000"; XSS / CSRF / Clickjacking-3 affecting sensitive actions: "$ 7,500"; 4. Stealing information: "5000" dollars; 5-pass partial authentication: "3000" dollars respectively, among other tasks less.  Bitcoin coin, between security and ease This does not mean that storing Bitquin on the exchange platform is safe. Indeed, according to Fortune, "For months, users at the Quinpas platform have been stolen more than 30 times - with one theft rate every single day." Brian Armstrong, CEO of Fortune, said: "We need to be on a higher level because the digital currency is new, interesting and powerful, in addition to being attracting a lot of people there to try to steal it." The exchange platform has user keys, allowing them to easily access trades through passwords only. On the other hand, overall thefts by customers are only exploiting weaknesses in mobile phone companies such as Sprint and Verizon. As for the contest "hacked the world", it is scheduled to officially end on "November 18" 