Microsoft paid over $28,000 Rewards to Six Researchers for its first ever Bug Bounty Program

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Microsoft today announced that they had paid more than $28,000 in rewards to Security Researchers for its first Bug Bounty program, that went on for a month during the preview release of Internet Explorer 11 (IE11).
The program was designed to run during Internet Explorer 11’s browser beta test on June 26 and went on till July 26. They said it would pay researchers up to $11,000 for each Internet

Source: Microsoft paid over $28,000 Rewards to Six Researchers for its first ever Bug Bounty Program