The Snowdens: new awards for hackers

And so to Austin in Texas, where tech investor Bill Gurley was interviewed on stage by eminent financial journalist Malcolm Gladwell on stage at SXSW.

The conversation turned to hacking, and one of Gurley’s more recent investments Hacker1, which gives rewards to hackers who have found vulnerabilities in companies’ cyber security and reporting it to them.

“How do you know what to pay them?” asked Gladwell.

“There’s a scalable list depending on the type of vulnerability,” replied Gurley.