Hi - I built Facebook's Bug Bounty program with a few other FB folks. There's a couple things I want to add to the conversation about how we look at rewards.<p>(Also, in 2009 it was just myself and a couple others running our disclosure program. It wasn't even bounties at that point. We'll get you a shirt, you can pretty much just blame me for that.)<p>1. We don't compete with the bug market, so our rewards will not look like market prices. It's true that "Bad Guys" would pay enormous amounts for a bug. They also pay a premium for the criminal risk being taken, and for the opportunity to exploit it which will theoretically make them a lot of money. However, we're good guys and we don't plan on profiting from bugs.<p>2. You, the researcher, are safe to post and talk about the vulnerability you found when Facebook is held to the disclosure policy. If your bug is extra-awesome, we'll sometimes send a bunch of reader traffic your way from our bug bounty page. This has shown to be worth a lot to researchers. Several of our bounty hunters have started companies, gotten jobs, became internet famous from this program and value this more than any bounty.<p>3. We are pretty lenient on what qualifies as a bug, which means we have a higher volume of payments to researchers than you might expect. If a researcher showed amazing skill in finding something that didn't actually turn out to be a bug, we'll probably reward them anyway because we want them to keep trying. We are pretty lenient on duplicates as well. If we see that someone truly discovered a bug independently (and also showed significant skill discovering it) then they'll probably get a reward too. The theory here is that we want more responsible disclosures instead of pissed off researchers.<p>Overall I don't want to argue with the amount we rewarded here, but show that we're doing a lot of stuff that's benefiting a lot of researchers. We're one of the first companies to launch a bounty program, and most of the researchers you have listed would probably say they think we're doing pretty well. Not too many companies have a bug bounty program, and I'm really proud of ours! :)