Facebook: If You Can't Hack 'Em, Join 'Em

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Facebook wants to keep some of its enemies closer; or at least some of its former enemies. The social-networking giant unveiled a program Friday, July 29, that will pay people to find holes in its security system. Ideally, Facebook officials said, that would include individuals who have previously tried to hack Facebook's systems. Compensation starts at $500, with no limits on how much someone can make. The rule is simple: Be the first one to point out an obvious bug and you get the bounty. Particiants will need to legally agree to Facebook's Responsible Disclosure Policy.

Facebook isn't blazing new trails. Google, Mozilla and Hewlett-Packard have all previous tried bug bounty programs.

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