> The purpose of reward schemes is to reward white hats, not to compete with the bad guys for the black hat discoveries.
How many other industries are there where individuals with valuable skills routinely volunteer to help multi-billion dollar corporations despite no guarantee of reward?
These people are doing work that typically warrants a six-figure salary or several hundred dollars per hour, and they're doing it almost entirely because it's the right thing to do. And Facebook should reward them well enough that they'll continue doing it, not only because it's good for the security of Facebook and its users but because it's the right thing to do.
I don't know how much Facebook has given to the other 65 people who disclosed exploits this year, but it will be innocent users who suffer most if they all share Yvo's sentiment.