It had to happen sooner or later. Hackers now have the opportunity to get paid for doing what they do best. A Swiss Security firm has launched an auction site called WabiSabiLabi for this purpose.
Okay, hackers, crackers, and other geeks, now is the time to use your powers for good. You can now sell your services via auction to the highest bidder. If you find a bug, a flaw, a flap, a breach, loophole, glitch, or other vulnerability, you can earn payment and other rewards for that information as well as for potential fixes.
WabiSabiLabi will collect personal information but will not distribute it. You’ll have to register but you will then work under a screen-name. Those who wish to purchase such information will also be required to identify themselves in order to help prevent the data from falling into the wrong hands.
Currently, Mozilla Firefox offers 500 bucks and a t-shirt as a “bug bounty,” but WabiSabiLabi offers the potential to earn much more. So now, instead of exploiting vulnerabilities or getting through “just because you can” the motivation to do so comes in the form of cold, hard cash.