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Out of interest how do you get to know the market price or the market in general for this sort of thing? If I were to discover a vulnerability is there a legal

by collyw 7y ago

Out of interest how do you get to know the market price or the market in general for this sort of thing? If I were to discover a vulnerability is there a legal way I could cash in on it (aside from this case with Apple)?

devin 7y ago
I don’t know this market well, but I do know what a 3% dip in Apple’s stock price means, so it seems rather obvious that Apple’s incentive to know of vulnerabilities prior to their sale in an alternative market is worth a lot more than 1M.
- avar 7y ago
  Valuing something in terms of its short-term impact on stock doesn't make any sense. An iOS vulnerability is worth a lot, but that the stock price dipped 3% is more of a sign of the market being fickle and reacting to any bad/good news about the company on a given day than 3% of Apple's worth being lost in any meaningful sense. Following this line of thinking leads to some pretty absurd conclusions, like 7% of Tesla's value being predicated on Elon Musk not smoking a joint[1]. 1. https://www.cnbc.com/2018/09/07/tesla-sinks-8percent-after-bizarre-musk-podcast-appearance-cao-exit.html https://www.cnbc.com/2018/09/07/tesla-sinks-8percent-after-b...
  - floe 7y ago
    First paragraph: > Shares of Tesla plunge after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast.
H8crilA 7y ago
Some stuff on the internet: https://zerodium.com/program.html https://zerodium.com/program.html Also I heard in person, so I cannot quote. Not sure how legal this is, but there are even vulnerabilities brokers, who set you up with buyers.
- ChrisCinelli 7y ago
  Interesting... they do not seem to be interested to processors exploits.
  - H8crilA 7y ago
    Well it doesn't cost much to put it up there (among the list of things they seek), now that we know it's feasible even against big players.
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by collyw 7y ago

devin 7y ago

I don’t know this market well, but I do know what a 3% dip in Apple’s stock price means, so it seems rather obvious that Apple’s incentive to know of vulnerabilities prior to their sale in an alternative market is worth a lot more than 1M.

avar 7y ago
Valuing something in terms of its short-term impact on stock doesn't make any sense. An iOS vulnerability is worth a lot, but that the stock price dipped 3% is more of a sign of the market being fickle and reacting to any bad/good news about the company on a given day than 3% of Apple's worth being lost in any meaningful sense. Following this line of thinking leads to some pretty absurd conclusions, like 7% of Tesla's value being predicated on Elon Musk not smoking a joint[1]. 1. https://www.cnbc.com/2018/09/07/tesla-sinks-8percent-after-bizarre-musk-podcast-appearance-cao-exit.html https://www.cnbc.com/2018/09/07/tesla-sinks-8percent-after-b...
- floe 7y ago
  First paragraph: > Shares of Tesla plunge after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast.

H8crilA 7y ago

Some stuff on the internet: https://zerodium.com/program.html https://zerodium.com/program.html Also I heard in person, so I cannot quote. Not sure how legal this is, but there are even vulnerabilities brokers, who set you up with buyers.

ChrisCinelli 7y ago
Interesting... they do not seem to be interested to processors exploits.
- H8crilA 7y ago
  Well it doesn't cost much to put it up there (among the list of things they seek), now that we know it's feasible even against big players.

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