Develop an iOS 9 Zero-day exploit and earn $1 million13
To claim the $1 million 'prize', a person must submit a technique to Zerodium that will remotely take control of an iPhone or iPad running iOS 9. This can be achieved through the use of a web page that targets the default configuration of mobile Safari or Google Chrome, or through a web page that targets any app reachable via the browser, or via a text message. The bug cannot be disclosed to Apple or be publicly revealed. The company will end up selling these techniques to governments or corporations. Zerodium founder Chaouki Bekrar also founded French hacking Vupen, which develops "intrusion software" and sells it to government agencies world-wide.
Zerodium, which was launched this summer, sells what is known as Zero-day vulnerabilities to both governments and corporations. According to Bekrar, once an exploit is sold to an agency by Vupen, he has no way of knowing how it is used or who it is shared with. "We do the best we can to ensure it won’t go outside that agency," Bekrar said back in 2012. "But if you sell weapons to someone, there’s no way to ensure that they won’t sell to another agency."
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source: Zerodium via WIRED