Google encouraged third party developers to find and report security bugs or flaws on its one and a half year old browser, Chrome. They will give out $500 to $1337 cash rewards for those who could find and immediately report these security flaws before hackers and malware writers use them in their evil deeds. Image via CrunchBase This technique though is not new. Mozilla foundation has a successful long running reward program for developers who could find security holes on their famous browser, Firefox.