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Bug Security

4chan Launches '$20 Bug Bounty' After Hackers Ruin moot's Day 79

Posted by Unknown Lamer
from the it-took-this-long? dept.
mask.of.sanity (1228908) writes "4chan's founder Moot has launched a bug bounty for the site after it was hacked, but is offering a meager $20 in 'self-serve ad spend' for all bugs. The bounty program was launched after the website and Moot's Amazon accounts were hacked. The intrusion spelled the end for DrawQuest which was closed after Moot decided it was not worth spending money to ensure the unprofitable but popular drawing platform was secure."
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4chan Launches '$20 Bug Bounty' After Hackers Ruin moot's Day

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  • /b (Score:1, Funny)

    by Anonymous Coward

    b all you can b

  • by marcello_dl (667940) on Wednesday May 07, 2014 @10:31AM (#46940237) Homepage Journal

    Login: moot
    Password: umad?

  • I'm surprised (Score:3, Interesting)

    by GoCrazy (1608235) on Wednesday May 07, 2014 @10:52AM (#46940479)
    That he's providing a monetary incentive at all. People would probably do it for free.
    • by Darinbob (1142669)

      It doesn't seem monetary though. I can't figure out what the rewards really are because I don't speak that language. "Advertisement credits"? What the heck is that? Or 4chan subscription for a year, I had assumed it was free.

  • Recent hack, the one that has prompted this change in policy and security issues reward process, revealed that 4chan sold about 12740 passes [imgur.com] this year. At the price of $20 per pass, that's about $254,800 so far. And there's also a lot of revenue coming in from advertising.

    If 4chan was truly unprofitable, it would have closed years ago. Seems to me that this is just an image that the owner is trying to project.

    • Re: (Score:2, Interesting)

      by Anonymous Coward

      Passes went on sale in Fall 2012, so it's been around 1.5 years for 12740 sales. Additionally, he's done a lot of 50-75% off sales (cyber monday, etc) so the actual income from passes is somewhere south of $254k. I'd guess between $100-200k, assuming the 12k sales is correct.

      Then there's the processing fees and CC fees and whatnot, so maybe it's a few % less than that.

      Then he has the server expenses. How much does it cost per month to run a site like 4chan? How much does cloudflare cost on a site like that?

    • It's a far cry from that amount to hundreds of millions of dollars, which any other web site with that kind of hit total would be trying to monetize.

      But given the porn and rude-centric nature of most of the posting, it must be hard to sell advertising lest stockholders or journalists looking to muckrake open their yappers questioning why company XYZ is buying ads on "that site".

      Did you ever notice when Howard Stern was on broadcast radio, as popular as he was, his ads tended to be things like lawyers and ba

Stinginess with privileges is kindness in disguise. -- Guide to VAX/VMS Security, Sep. 1984

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