Apple is launching an invite-only bug bounty program

Apple is planning a new bug bounty program that will offer cash in exchange for undiscovered vulnerabilities in its products, the company announced onstage at the Black Hat conference today. Launching in September, the program will offer cash rewards for working exploits that target the latest version of iOS or the most recent generation of hardware. It’s the first time Apple has explicitly offered cash in exchange for those vulnerabilities, although the company has long maintained a tip l