Samsung Electronics Co., Ltd announced the enhancement of its Mobile Security Rewards Program, increasing the maximum reward amount to $1 million for eligible security vulnerability reports received from the external security community.
This is part of Samsung’s ongoing efforts to foster transparency and increased collaboration in mobile security, with the criteria of the program laid out in the Samsung Mobile Security Risk Classification, which now includes additional classification factors.
Alongside this, Samsung has also published its first security-focused Annual Rewards Program Report, showcasing the most significant highlights since the project’s launch and emphasising the crucial role of the program’s participants.
The Mobile Security Rewards Program complements Samsung’s current offering of up to seven years of security updates[1], highlighting the company’s commitment to user device safety.
“With cybersecurity attacks becoming increasingly intelligent and more challenging to identify, we actively encourage participation from the security community in finding these threats,” said Justin Choi, Corporate VP & Head of Security Team, Mobile eXperience Business at Samsung Electronics.
“Their support helps us to ensure our products are continuously monitored for potential vulnerabilities, enabling us to constantly enhance the protection of our customers. It is critically important that this protection is provided and that user data and information are safeguarded, which is why we prioritise security throughout all our products and services.”