Rewards for Hackers

Rewards for HackersWe may have found a good purpose for Hackers. Before you go into shock, read on…

The company called Wickr, (for those of you that aren’t familiar with it, it’s a secure messaging app), has reached out to hackers and offered them a reward for doing what they do on a daily basis.

That’s right, hackers are being offered $100,000 to uncover and, here’s the important part, ‘responsibly disclose’ any and all critical security flaws in the company’s app.

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Point-of-sale (PoS) Hacks

PoSJust before Christmas last year the mother of all hacks took place in the US. Target, a retailer which sells everything from kid’s swings and outdoor flooring to curling irons and razor sharp HD smart TVs had its point of sales (PoS) systems hacked.

Information from up to 40 million customer’s credit and debit cards was lifted by hackers. Within days, this information started appearing on underground web sites which specialize in this type of information. Some of the credit card details were going for about $20 each.  So worried were the banks that some of them even dived into the deep web and bought up the credit/debit card information to protect their reputation and their customer’s bank accounts.

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