Samsung's Mobile Device Bug Bounty Program Gets a Boost

Samsung Electronics is giving its newly minted two-month-old bug bounty program a boost by bringing in Bugcrowd to handle the payment processing, the companies announced Wednesday.

"Bugcrowd helps fortify partnership with the security research community by ensuring the community receives payouts in a timely manner," Henry Lee, senior vice president of Samsung's mobile security technologies group, mobile communications business, said in a statement.

Under the Samsung Electronics' Mobile Security Rewards Program, security researchers can collect up to $200,000 per vulnerability, depending on severity, for any of the company's mobile devices that currently receive either monthly or quarterly security updates.

Samsung has four categories for the vulnerabilities: low, moderate, high, and critical. The device maker stresses that all vulnerabilities submitted must have a security impact.

Read more about Samsung's bug bounty program here.