Through the bounty bug program, Facebook aims to encourage security researchers to help make the site more resistant to attacks.
Simultaneously, Facebook is trying to police the code it creates that keeps the social site running.
In a blog post by Facebook, chief security officer Joe Sullivan revealed some information about the early days of the bug bounty program.
According to Mr Sullivan, the program had made Facebook more secure by introducing the networking site to "novel attack vectors, and helping us improve lots of corners in our code".
Meanwhile, Graham Cluley, senior technology consultant at Sophos, observed that many other firms run similar schemes that have proved useful in rooting out bugs.
Google and Mozilla are just two of the highest profile examples of this, he explained.
Posted by Andre Dixon
