Comment by JoshTriplett

4 hours ago

> We shouldn't look to the black market as cost discovery for these vulnerabilities

We absolutely should. One of the points of bug bounties is to discourage people from selling to the black market.

That's one of the points, yes, but the black market doesn't dictate the value of the exploit to Google.

A hardline bargaining position with Google would be more like "pay me what I want, or else I'll give it to all takers on the black market for maximum damage". That would be unethical and probably illegal to boot but it's a better definition of value than "1$ greater than max bid".

  • The value to Google - sure. But the market value of the exploit itself - the black market I think is a factor in that regardless of what Google offers.

    The value of something is dictated by what _the market_ offers, and just because Google throws a lowball price because _they_ don't value it doesn't necessarily mean that the value of the exploit itself is as low as they dictate.

    There will always be someone who would screw Google just for the love of the game, and if they got a better price from elsewhere, I don't see why _morality_ would really play that big of a role. It all comes down to incentives, and if Google doesn't incentivize doing the good thing enough, then someone _will_ incentivize them to do the bad thing just a bit more.