WabiSabiLabi: auction site for security vulnerabilities

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WabiSabiLabi: auction site for security vulnerabilities

07-08-2007, 10:37 AM, (This post was last modified: 07-08-2007, 10:40 AM by mandy.)

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mandy Offline

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WabiSabiLabi: auction site for security vulnerabilities

Quote:An eBay-like auction site that sells vulnerabilities will improve security by ensuring researchers get a fair price for their work, its founders say.

"The existing business model to reward researchers is a failure," said Herman Zampariolo, chief executive of WSLabi, and the man behind the WabiSabiLabi auction site. A tiny minority of vulnerabilities currently get patched, he said, because IT experts aren't paid for their work in uncovering them: "If the firemen are not paid, it's not easy to extinguish a fire."

"As long as vulnerabilities are bought and sold privately, the value can't be the right one," Zampariolo said. "Our intention is that the marketplace facility on WSLabi will enable security researchers to get a fair price for their findings and ensure that they will no longer be forced to give them away for free or sell them to cybercriminals," he added...

full article: http://news.com.com/Auction+site+sells+s...ne.fd.mnbc

the site: http://wslabi.com/wabisabilabi/initPublishedBid.do
FAQ: http://wslabi.com/wabisabilabi/faq.do?

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