Google paid Rs 49 cr as bug bounty rewards in 2020

New Delhi, Feb 5 : Google paid more than $6.7 million (nearly Rs 49 crore) to 662 security researchers from 62 countries for spotting vulnerabilities in Google products last year.
The figure was up from $6.5 million the tech giant paid in bug bounty rewards in 2019.
“The incredibly hard work, dedication, and expertise of our researchers in 2020 resulted in a record-breaking payout of over $6.7 million in rewards, with an additional $280,000 given to charity,” Google said in a statement on Thursday.
In the Android Vulnerability Reward Programme (VRP), Google paid out $1.74 million in rewards.
“Following our increase in exploit payouts in November 2019, we received a record 13 working exploit submissions in 2020, representing over $1 million in exploit reward payouts,” the company said.
In Chrome, Google increased reward amounts in July 2019 and as a result, “2020 has seen us pay out 83 per cent more than 2019, totalling $2.1 million across 300 bugs”.