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Cryptopolitan 2020-01-11 17:01:52

PayPal confirms security vulnerability, pays bounty to ethical hacker

For reporting a security breach that could lead to the exposure of user password to a hacker, Paypal paid Alex Brisan, an ethical hacker, a bug bounty of fifteen thousand three hundred dollars ($15,300). Paypal openly admitted that Brisan, a researcher, discovered the breach and reported to them. Brisan reported the breach on January 8, however, PayPal had already fixed the glitch since December but still rewarded Brisan. An ethical hacker, also referred to as a white-hat hacker, is an information security expert who systematically attempts to penetrate a computer system, network, application or other computing resources on behalf of its owners

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