chicksdaddy writes with this news: General Motors (GM) has become the latest "old economy" firm to launch a program to entice white hat hackers and other experts to delve into the inner workings of its products in search of security flaws, The Security Ledger reports. "The company launched a bug bounty on January 5th on the web site of Hackerone (https://hackerone.com/gm), a firm that manages bounty programs on top of other firms, promising "eternal glory" to security experts who relay information on "security vulnerabilities of General Motors products and services." Despite a $47 billion market capitalization, however, GM is not offering monetary rewards – at least not yet. A page on Hackerone detailing how vulnerability reporters will be thanked reads "Be the first to receive eternal glory," but does not spell out exactly what rewards are proffered. Judging from the description of the program, the "prize" for reporting a vulnerability to GM appears to be a promise by GM not to sue you for finding it." However, the article notes that the program has garnered praise from security researchers Chris Valasek and Charlie Miller, monetary reward or not.
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