Fiat Chrysler Automobiles will start rewarding the public with cash for finding vulnerabilities and security bugs in its vehicle software, more than a year after two hackers showed how they could remotely take control of its popular Jeep Cherokee.
White hat hackers—the folks hacking for good purposes, not nefarious ones—will be paid between $150 and $1,500 for each legitimate security flaw through a bug bounty program managed by Bug Crowd, a crowd-sourced cybersecurity company. Bug Crowd, which is backed by several venture capital and private equity firms, raised $15 million in a Series B funding round in April.
