Facebook is adding a new perk to its bug bounty program that will pay bonus rewards to researchers based on the time it takes the social network to fix a vulnerability after it’s found and reported by bug hunters. ZDNet reports: Essentially, Facebook is acknowledging that it’s sometimes slow to reach a bounty decision and is using this bonus payment to encourage patience among the researchers in its bug bounty community. The Payout Time Bonus will reward reports that are paid more than 30 days from the time Facebook receives all the necessary information for a successful reproduction of the report and its impact, Facebook said. The bonuses will be paid on a sliding scale, with payouts made between 30-59 days receiving a 5% bonus; payouts made between 60-89 days receiving a 7.5% bonus; and payouts made after 90 days or more receiving a 10% bonus. Reports that require clarification from the researcher will have the payments adjusted accordingly.

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Source: Slashdot – Facebook Announces Time Bonus Payouts For Bug Hunters