Apple is giving away $1million to the hacker who canbreak the tech giant's security protections to breakinto an iPhone remotely.
It is a significant increase in reward from the$200,000 'bounty program' reward Apple has runsince 2016 to incentivize hackers to work with thecompany, rather than target it and its users.
Hackers will have a chance at winning the bigger payout starting this fall, Ivan Krstić, Apple'shead of security, announced at the Black Hat technology security conference in Las VegasThursday, CNET reports.
With security breaches increasingly on the rise, Apple CEO Tim Cook has called privacy a'human right,' and made it clear that Apple is serious about not collecting personal informationand keeping its 2 billion customers around the globe safe from hackers.
'This is not something that we just started last week, when we saw something happening. We've been doing this for years,' he told MSNBC.
Just last month, a hacker accessed the personal information of 106 million Capital One creditcard holders or credit card applicants in the US and Canada, in the latest massive databreach at a large company.
Apple isn't alone on offering rewards to hackers, although other companies have offered far less. Rival Google in July announced it was offering $30,000 to people who could find flaws in itsChrome browser, CNET reports.
Krstić also said that a limited number of easy-to-hack iPhones will be distributed next year toanyone who can discover bugs in the devices.
Apple wants to go easy on their distribution, to help prevent hackers from turning aroundand selling any vulnerabilities to hackers offering a higher price than Apple.
'We want to attract exceptional researchers who have been focused on other platforms,' Krsticsaid.