by Carol~ 
- 2/1/13 12:23 PM
Kim Dotcom puts up $13,500 bounty for first person to break Mega's security systemKim Dotcom is so confident in the security system at Mega, the newly launched file storage service, that the New Zealand-based German is offering a bounty of €10,000 (approx. US$13,580) to the first person who breaks it.
Last week, Dotcom said that he would offer up a prize for any enterprising hackers, after the site was criticized for the way that it handles security. A Mega blog post dismissed points raised by Ars Technica and Forbes, explaining that the site will soon be boosted by new measures, including a change password feature and more, to increase the security of accounts and data.
Mega, which launched less than two weeks ago, is storing nearly 50 million files and it passed 1 million registered users after just one day online.
#Mega's open source encryption remains unbroken! We'll offer 10,000 EURO to anyone who can break it. Expect a blog post today.
— Kim Dotcom (@KimDotcom) February 1, 2013
The bounty offer is part of Mega's ongoing focus on improvement while it is in beta — "You find a bug. We fix it," Dotcom said last week, and such financial carrots are dangled by most major tech firms, albeit in a less public fashion. Facebook, Google, Dropbox and countless others provide developers with cash payments and official acknowledgements if they find bugs and issues.
Continued : http://thenextweb.com/insider/2013/02/01/kim-dotcom-puts-up-13500-bounty-for-first-person-to-break-megas-security-system/
Also:
Dotcom Offers €10,000 Reward For Breaking Mega's Crypto
Kim Dotcom's Offering a Cash Reward If You Can Smash Mega's Encryption
Kim Dotcom promises $13,600 to anyone who breaks Mega encryption
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