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Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by ISL on Saturday March 17, 2018 @04:50PM (#16609004)
One presumes that Spectre/Meltdown-level bugs are each worth substantially more to the computer industry than $250k.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by Grollicus on Saturday March 17, 2018 @05:22PM (#16609125)
On the other hand there are always altruists that release these kinds of bugs for free. So why spend money on it?

250k is a huge bug bounty. It's a step in the right direction.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by qaq on Saturday March 17, 2018 @06:09PM (#16609310)
on gray market it's worth 10X that
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by Grollicus on Saturday March 17, 2018 @07:03PM (#16609514)
Not that I'd ever find something like Spectre but I would not want to sell it to people who use it to kill people. On the other hand, I'd like to get something for my work.

Also, I think the temptation to go black hat is a lot lower than if the choices were "nothing" vs "millions"

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by qaq on Saturday March 17, 2018 @07:19PM (#16609587)
Well you can look at similar programs from Apple etc. and see how many takers they had. So while it's nice to imagine what "I" would do in such a situation it looks like people who actually can do this on average take the high $ payout route. It has nothing to do with black hat btw. There are gov. agencies that will pay for this stuff.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by Grollicus on Sunday March 18, 2018 @08:16AM (#16611591)
And the same gov. agencies will then use it against people who report on the next Snowden leaks. It has everything to do with black hat.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by stagbeetle on Sunday March 18, 2018 @10:30AM (#16612069)
Off-topic, but Snowden is seen as controlled opposition in a good amount of infosec circles -- the one's that aren't plugged into the infosec clique machine atleast. Not to defend the government, but Snowden was hyped up when in return his leaks brought us nowhere new, but giving the laymen new words to throw around.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by duxup on Saturday March 17, 2018 @10:25PM (#16610201)
Yeah, clean money has some extra value.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by jsjohnst on Sunday March 18, 2018 @01:01AM (#16610516)
How do you define “clean money”? Do you call government agency money “unclean”? I could easily see someone making that statement with justification, but your post is a bit vague so wanted to ask.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by duxup on Sunday March 18, 2018 @12:46PM (#16612795)
Money that you don't have to hide the origin of, or worry about legal consequences.

A check for helping out Microsoft is gonna be pretty clean.

Money you bring in from selling exploits might be something you don't want tracked back to its origin...

How likely is the less clean money going to get you in trouble I don't know, but the check from Microsoft surely will not.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by jsjohnst on Sunday March 18, 2018 @07:40PM (#16615196)
Thanks for the explanation!

> Yeah, clean money has some extra value.

So in the context of your original post, with your provided definition now of clean money, can you clarify how the alternatives (selling to law enforcement / government, which is the most common alternative) would be “unclean”?

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by duxup on Sunday March 18, 2018 @11:32PM (#16616033)
I was thinking alliterative being selling to say ... less legal minded folks, random dude on the internet. I don't know how likely it is you'll get in trouble, but if you do it might be an issue.

As for selling to another gov or law enforcement, how clean that money is will be relative to what your government thinks of your role. If you sell to say an unfriendly neighbor government, they're going to look at those proceeds a bit differently than say if you sold to THEM.

Clean for me is your likely local legal issues with the money, and/or your actions.

In the end though provided Microsoft isn't considered a terrible enemy by your local government, that probabbly is the cleanest way to sell, and IMO probabbly the safest morally IMO (granted morally and clean money might not always go hand in hand).

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by Too on Sunday March 18, 2018 @02:59AM (#16610771)
Clean = Money you don't have to hide for the tax office.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by xarball on Saturday March 17, 2018 @06:26PM (#16609377)
I think Microsoft is trying to fill in a meaningful, yet tentative part of the pie. It wouldn't be right for them to put forward the full cost of every cloud company's potential losses.

At the same time it raises the stakes by begging the question for other cloud providers to fill in by asking "why isn't this higher?" So in that light, the number they've chosen may have served its purpose quite well, by encouraging others to think about what another massive 0-day CPU security flaw might cost them.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by qaq on Saturday March 17, 2018 @06:54PM (#16609475)
Apple already had a bounty in the same ball park pretty much 0 takers.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by lpasselin on Saturday March 17, 2018 @06:53PM (#16609468)
Is it legal to sell exploits?
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by tptacek on Saturday March 17, 2018 @08:55PM (#16609959)
In the general case, yes, but there are specific cases --- and they are probably more common than you'd be comfortable with --- in which the answer is probably "no". It's legally very dangerous to sell a vulnerability to someone who is going to use it to break the law.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by qaq on Saturday March 17, 2018 @06:57PM (#16609490)
Sure there are gov. agencies that will buy them
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by dsacco on Saturday March 17, 2018 @10:09PM (#16610140)
Where do I go to sell?
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by Waterluvian on Saturday March 17, 2018 @06:33PM (#16609400)
The reward doesn't need to be proportional. It has to be sufficient to get people motivated.

When I reward you for finding my wallet I don't give you the entire contents of it, even though I would have lost that much money.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by yoodenvranx on Saturday March 17, 2018 @06:10PM (#16609312)
If I had the choice I would take 250k$ non-sketchy money from MS over any amount of xxx sketchy money from any other company. Yes, youcould get a lotmore money insome cases but MS will be the easiest way to get it.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by cm2187 on Saturday March 17, 2018 @10:40PM (#16610239)
Define sketchy. Is an israeli company who will be then reselling the exploit to all sort of law enforcement agencies from democratic countries and less democratic countries sketchy? It's certainly safe from a legal point of view.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by rplnt on Saturday March 17, 2018 @06:19PM (#16609351)
It's not only that the money is sketchy, you'll most likely won't know who you are selling to and how it will be used. Conscience might bite you in the ass.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by brianwawok on Saturday March 17, 2018 @06:34PM (#16609401)
If you are selling a 0-day exploit on the black market for 7 figures, I am pretty sure you are already accepting that it is being used for evil and not bettering the world.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by okreallywtf on Saturday March 17, 2018 @10:38PM (#16610232)
Not only that, but imagine how many services you and your family and friends use that could be compromised? It could end up costing you unless you and your family pull out of all your online services.

The ultimate irony would be if your bank(s) got compromised by your but and some of your money was lost.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by electrograv on Saturday March 17, 2018 @05:48PM (#16609246)
Related: Why was the $250k edited out of the title just now? That seems rather relevant (and it reflects the actual article title).
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by ohf on Saturday March 17, 2018 @06:08PM (#16609302)
Probably because it isn't the core conversation. What matters is that Microsoft is pushing bug bounties, not how big they are.

But it's really splitting hairs. I don't really get it either - just a guess.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by seabird on Saturday March 17, 2018 @07:57PM (#16609753)
The size does matter. The amount posted for bug bounties is usually pitifully low compared to the magnitude of the bug. If you've got money on your mind, there's pretty much no reason to fill a bug bounty for a large vulnerability when there's people that will pay ten or twenty times more for it.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by dsacco on Saturday March 17, 2018 @10:04PM (#16610124)
> when there's people that will pay ten or twenty times more for it.

Ten or twenty times more! But who are these people?! Where do I go to sell them??

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by seabird on Sunday March 18, 2018 @01:21AM (#16610558)
Zerodium is a company that tries to make things as straightforward and above-the-table as possible, but there are other publicly known companies that are willing to play ball (or roll in the mud, if you see it that way), even though they keep a low profile. Believe it or not, selling such information actually isn't illegal, even if it leaves a bad taste in a lot of people's mouths.

If you're ready to cross the bridge from "providing info to companies that will likely sell it to repressive governments and surveillance agencies" to "I don't care where this goes, I just want the money under any circumstance", my understanding is that you'll end up having to do a lot of finagling, networking, and negotiating to get the information to the people who want it. I couldn't tell you much about this myself, but having known people who did some small-time floating around in the field, opportunities of the under-the-table type are pretty transient.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by tptacek on Saturday March 17, 2018 @10:08PM (#16610136)
People are downvoting Dylan but it'd be neat if for once someone could try answering, as specifically as they can, who exactly he would sell to to beat a bounty price.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by jsjohnst on Sunday March 18, 2018 @01:09AM (#16610531)
Here’s some information you might find useful.

https://tsyrklevich.net/2015/07/22/hacking-team-0day-market/

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by _audakel on Sunday March 18, 2018 @05:17AM (#16611093)
Wow that was a very detailed look at how buying and selling of vulnerabilities work. Thank you for sharing. It's interesting how many different companies there are in the world and how they seem to have a Cooperative working agreement with each other if the price is right
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by GoToRO on Saturday March 17, 2018 @04:53PM (#16609014)
You would think. But if you don't buy Microsoft, Apple, Intel, AMD what do you buy? There is no alternative.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by _emacsomancer_ on Saturday March 17, 2018 @06:30PM (#16609394)
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by ComputerGuru on Saturday March 17, 2018 @07:54PM (#16609741)
Meh. They got lucky because they didn’t use affected hardware due to valuing price over performance. It’s certainly not because of any brilliant insight or preventative measures they took.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by loeg on Saturday March 17, 2018 @07:39PM (#16609688)
You're joking, right? Raspberry pi is a toy computer — which is entirely related to why it was unaffected by speculation leaks. It does not fulfill the same needs as full size x86 chips.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by ISL on Saturday March 17, 2018 @05:01PM (#16609039)
The mitigation and litigation costs to the large players, even in the case of a successful defense, are surely larger than $250k.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by GoToRO on Saturday March 17, 2018 @05:15PM (#16609094)
For sure. But then you need somebody with vision, that will spend extra money on research so that these kinds of bugs don't happen. Then a new "smart" CEO comes and slashes budgets. Everybody is happy, they have the same sales but lower costs. Then, after years, the bugs are found. Now it's too late. You have to allocate money to mitigate and on top of that you have to spend more money on research and then spend a little on bug bounties. It's too late to go back now.

The problem is how do you recognize a truly good CEO vs. a CEO that lowers costs and makes everybody happy.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by eftychis on Saturday March 17, 2018 @09:08PM (#16609993)
Market does not. CEOs are incentivized to please the markets and thus reduce investing at some point to prepare to exercise their stock options and sell. (There is plenty of discussion on what the exercise date should be and some people are pushing beyond 4 years for that reason.)

A lot of companies set a 4 year window for their CEOs. Funneling capital into research, displeases stock holders, as you show reduced earnings. Observe that markets care about steady earning growth; catching these things before they happen in general will not earn you points. That is a sad part of human psychology. Think as a metaphor that an average manager will ask how many bugs did this guy fix and not how many bugs and security issues did this guy caught or saved us from.

(See freaking Equifax -- https://www.marketwatch.com/investing/stock/efx -- they should have been out of business [my personal opinion]. Their stock price is fine. The only mistake of the CEO as far as SEC is concerned is he used inside information and sold.)

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by tux1968 on Saturday March 17, 2018 @05:37PM (#16609198)
Market pressure will always drive outcomes, so you have to incentivize for the outcome you desire. It's far from clear how to bias such speculative (no pun intended) future costs against immediate returns even if you could identify a truly good CEO.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by anonymfus on Saturday March 17, 2018 @08:19PM (#16609848)
>Market pressure will always drive outcomes

Not necessary! Many CPU architectures and implementations were created by academic institutions, so nationalisation of this industry should be considered a possibility.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by loosescrews on Saturday March 17, 2018 @05:05PM (#16609060)
These bugs are probably most valuable against cloud providers (Where else do you get arbitrary code execution on a machine with other's valuable data on it?). Most cloud providers run Linux, not Microsoft (except Microsoft) and definitely not Apple.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by foobarian on Saturday March 17, 2018 @05:16PM (#16609097)
The problem is that even if there is no practical exploit, you still have to patch. At our web company where there are no shared boxes we still spent untold resources upgrading kernels, rebooting servers, and then lost capacity due to performance degradations.

Infrastructure is normally patched and rebooted on a regular schedule, but when a bug like this hits and requires an off-cycle upgrade it's a big cost.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by gopalakrishnans on Saturday March 17, 2018 @06:09PM (#16609305)
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by loosescrews on Sunday March 18, 2018 @01:18AM (#16610548)
What matters is the host OS, not the guest.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by guscost on Saturday March 17, 2018 @05:07PM (#16609064)
Microsoft also runs the second largest cloud provider in the world.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by krylon on Sunday March 18, 2018 @06:59AM (#16611334)
I know it is not a realistic alternative for many needs, but Intel's Atom cores are not affected by Meltdown or Spectre.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by GoToRO on Sunday March 18, 2018 @09:31AM (#16611841)
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by krylon on Monday March 19, 2018 @02:10PM (#16621216)
Aaaaaw, come on! :(
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by davidkopf on Saturday March 17, 2018 @05:35PM (#16609182)
Yes but the question is how much is 250k incentivizing bounty hunters?
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by ohf on Saturday March 17, 2018 @06:09PM (#16609308)
5-6 years of living expenses.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by brianwawok on Saturday March 17, 2018 @06:34PM (#16609404)
Or 1 year SV senior developer pay

Fixed price anything (job, bounty) means very different things to different people.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by kbenson on Sunday March 18, 2018 @02:41AM (#16610726)
Sure, but why would you advertise to those people? There are many very talented people in parts of the world that aren't the premier market for their skills that accept much lower salaries for their skills, or are employed in other industries altogether. I wouldn't be surprised if the number of people that match that criteria and have security research experience is much higher than the number of people in Silicon Valley and the other 5-10 leading tech markets that have the requisite security experience.

The world is a big place, and I think exploring security is fairly attractive to the weekend warrior programmer that might find other work hard to come by.

Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by bluedino on Saturday March 17, 2018 @07:40PM (#16609693)
Even more in many countries
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by mkagenius on Saturday March 17, 2018 @10:50PM (#16610271)
The government should let go the taxes on such bugs (not all).
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by icebraining on Sunday March 18, 2018 @06:43AM (#16611286)
Why should the government subsidize the cleanup of the messes created by these companies? That's like subsidizing BP for cleaning up their oil spill.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by mkagenius on Sunday March 18, 2018 @09:49PM (#16615680)
Not subsidizing, I was talking about the income tax on the researcher. Something which affects the whole population. It’s like someone finding a bug in a paracetamol and government rewarding him by not taxing the money he received from pharma companies. Not a great analogy but you get my point.
Re:Microsoft Offers Bug Bounty to Prevent Another Spectre-Me... by icebraining on Monday March 19, 2018 @05:18PM (#16623294)
Giving a tax break for a payment is the same as subsidizing the entity giving that payment.