📺 Stream EntrepreneurTV for Free 📺

Google to Pay Out $2.7 Million to Hackers Who Break Into Chrome OS The tech giant aims to beef up security by getting hackers to pinpoint weaknesses.

By Laura Entis

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Calling all hackers. Google is handing out the big bucks.

Yesterday, the tech behemoth announced plans for its fourth annual hackathon (called Pwnium 4: "Pwn,"the act of breaking into a computer and owning it, + "ium," a play on the full name for Google Chrome: Chromium) which will take place in Vancouver this March.

Prize money totals exactly $2.71828 million, "the mathematical constant e for the geeks at heart," Google explained. A grand prize of $150,000 will be awarded for Chrome OS exploits that "compromise with device persistence: guest to guest with interim reboot, delivered via webpage" i.e. a breach that allows a hacker to control a Chrome OS PC after it reboots. Prizes of $110,000 will be given to those who discover other major holes in the Chrome OS operating system.

Related: No Apologies: On Hack, Snapchat Founder Says, 'We Thought We Had Done Enough'

"Security is a core tenet of Chromium, which is why we hold regular competitions to learn from security researchers. Contests like Pwnium help us make Chromium even more secure," Jorge Lucángeli Obes, Security Engineer at Google and the "Master of Ceremonies," wrote in a post.

Google's hackathon announcement comes days after allegations that a Chrome hack allowed websites to eavesdrop on users.

Despite the central purpose of the event, it won't all be cyber security seriousness. This year, for the first time, Google will reward creative or surprising hacks with "bonuses," usefulness aside.

Related: What to Do If Your Business Gets Hacked

Laura Entis is a reporter for Fortune.com's Venture section.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Devices

Add Some Life to the Office with $60 off This Bluetooth Speaker

This TREBLAB speaker provides 360-degree HD sound and high-powered connectivity.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Organize Your Podcasts and Audio Content with This $40 Plan

Player FM lets you organize and sync podcasts across different platforms in one place.

Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.