3 ms·
> The brokers then sell them for 2x-5x that amount. Reporting that same vulnerability to Apple can net you up to a million. If this is true, I'm super-curious
by toomanyrichies 5y ago
> The brokers then sell them for 2x-5x that amount. Reporting that same vulnerability to Apple can net you up to a million.
If this is true, I'm super-curious about the economic incentives involved. According to Apple's Sept. 2020 balance sheet, they had over $143 billion in current assets on their books. They have deeper pockets than basically anyone else on Earth, including many state actors. They could 10x their current bounty and it would still basically be couch money for them.
So why are 0-day brokers and their customers able to outbid them? I would think that Apple has much more skin in the game than attackers do, and much more to lose from being the #2 bidder. But judging by the going rates you mentioned, that doesn't seem to be the case. The only thing I can think of is that the small minority of parties with both the means and motive to outbid Apple (the respective governments of the US, China, Russia, etc) are in fact the ones doing so.
- spaetzleesser 5y ago“I would think that Apple has much more skin in the game than attackers do” What skin in the game do they have? As long as they aren’t viewed as way more insecure than Android vulnerabilities don’t really cost them anything.