A few days ago, Sony launched a bug bounty program for the PlayStation 4 and the PSN.
This program will provide a prize to security experts who help Sony in finding vulnerabilities in the PS4 gaming console and the PSN. Any security expert who notifies the Sony PlayStation team about any vulnerability that can be exploited in the future and helps in fixing the issue will be eligible for a reward.
At present, Sony has suggested that the rewards would range between $50 and $50,000 or higher, depending on the level of threat reported by these experts. Sony is mainly looking for people who can help in fixing the vulnerabilities present in the PS4 console, the PS4 operating system, and the accessories for the console. However, you can also help Sony in dealing with bugs present on the PSN and related websites.
HackerOne, a platform that is well-known for hosting bug bounty events for companies such as PayPal, Twitter, Snapchat, etc., is managing the new vulnerability rewards program from Sony. Before launching this program, Sony has already conducted a private bug-hunting program where the company invited security experts to fix critical issues.
Before Sony, Microsoft launched a similar program in January 2020. However, it was Nintendo who came out with the idea of bug-bounty programs in 2016. Sony might be the last major console developer to launch this program, but it is also offering a higher maximum bounty of $50,000 or more as compared to $20,000 or more offered by the other two.
Sony is tightening its security against hackers who are exploiting the vulnerabilities to target gaming accounts.
In April 2020, hackers managed to exploit a vulnerability in Nintendo’s authentication system to hijack more than 300,000 accounts.