The zero-day industry tries ‘transparency’ in Dubai
In an industry that tends to be quiet by design, a new international firm is deliberately making noise. Headquartered in the United Arab Emirates, Crowdfense first attracted attention in April when it announced a $10 million fund to pay enterprising hackers for zero-day exploits that the company then turns around to sell to government customers. The payouts include up to $3 million for hackers who break into iOS and Android devices. The big money comes paired with an earnest promise of “transparency” that is unique in an industry where secrecy is standard operating procedure. Crowdfense director Andrea Zapparoli Manzoni told CyberScoop that he wants to “do things differently.” The zero-day industry uncovers — through research or by purchase — exploits in computer systems and then sells them to the highest bidder. Many governments and even some private companies are involved in the business. Crowdfense shares a lot in common with its closest competitor […]
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