Zerodium, a company that pays for security information and exploits, has paid out $1 million to an anonymous group of hackers to find exploits in Apple’s mobile iOS 9 platform. The company started a competition in September called “The Million Dollar iOS 9 Bug Bounty” and announced the winner at the beginning of November. The goal of the competition was to find a hack that could remotely enter an iOS 9 device and result in the “remote, privileged, and persistent installation of an arbitrary app”. Long story short, this competition wanted to find out how to cause some serious damage and not simply find ways to jailbreak the operating system. Often companies will hire “whitehat” hackers to find security vulnerabilities, but Zerodium has a different strategy in mind. The company will sell the hack to other companies and does not intend to inform Apple about the nature of the hack. Apple will likely fix the security flaws in time, but will not immediately know the details of the hack based on this competition.
Read the full article here: A $1 Million Prize For Hacking iOS9 Has Been Won, and the Method Used Is About To Be Sold