A new security firm called Zerodium is offering hackers a $1 million bounty for developing an iOS 9 hack, the company says it will pay the county multiple times up to a maximum of $3 million.
Zerodium apparently sells its discovered exploits to corporate customers and government agencies, which would explain why the bounty is so high for an iOS 9 hack, due to the level of encryption and security that is found in Apple’s mobile OS.
The company is looking for an iOS 9 hack that is browser based and will perform an untethered jailbreak on Apple’s iOS 9.
The company is run by Chaouki Bekrar who previously ran security firm Vupen, which originally found exploits and shared them for free, the company then started selling them and now he has decided to launch this new company.
This is the highest bounty to date that has been offered for a hack on Apple’s mobile OS, back in 2012 a software exploit for the OS was selling for around $250,000 and in 2013 for around $500,000.
Yesterday we heard about the XcodeGhost malware that was found in some apps on Apple’s app store, including some popular applications, this was done by developers downloading a fake version of Apple’s Xcode and creating their apps.