10-year-old boy awarded $10,000 by Facebook
Social media giant Facebook has rewarded a Finnish boy, Jani, with $10,000 for discovering a security flaw on Instagram.
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10-year-old Jani discovered a vulnerability in Instagram that allowed him to edit or delete any comment on the site.
“He notified Facebook of the vulnerability via email, demonstrating it by deleting messages on a test Instagram account. Facebook fixed the bug in February. In March, Facebook decided to reward the boy with $10,000,” VentureBeat.com reported.
“I could have erased anyone, even Justin Bieber,” said Jani.
Sharing his dream for the future, Jani said he wants to become a security expert. “That is my dream job. Security is very important,” according to Jani.
The boy used his $10,000 prize money to buy a new bicycle and computers for his two younger brothers.
Like Google and Microsoft, Facebook has a bounty fund dedicated to people who discover security flaws in the company's products.
Since its inception in 2011, the fund has paid out more than $4.3 million to reward more than 800 security experts for 2,400 discovered bugs.
In April 2012, Facebook mogul Mark Zuckerberg bought Instagram, a two-year-old photo-sharing app, for $1 billion. Instagram had only 13 employees at the time and no revenue.
But time is proving that this was one of the smartest deals. Barclays analyst Paul Vogel estimates Instagram’s fourth-quarter 2015 revenue at $276 million, and predicts total 2016 revenue for the service at $1.3 billion.
According to Tien Phong