Earlier quoted context omitted.
> I'd demand Facebook pay out $75,000 minimum Wouldn't demanding money be blackmailing? A story from one of my startups: A student reached out to us regarding a security vulnerability on the website, demanding money for it. He refused to say what it was or provide evidence at first, so we couldn't assess it. He said he'd disclose it to others if we didn't. I definitely felt blackmailed. I am not a lawyer but it felt…
Rather than the exploiter setting an arbitrary price (which would be closer to blackmail), I think parent comment was saying that the fair market value of disclosing such a bug was worth closer to $75k given the unique skill set required. Skilled engineers turn to cybercrime when white-hat bounties are insufficiently rewarding, so it is in everyone's interest to pay competitive rates for finding security vulnerabilit…
From my perspective, people weird ideas (in both directions!) about how much this stuff costs.
† It's a little tricky to say because the blog post is cagey about what the vulnerability actually is, but I'm thinking about all of the password-reset-flow bugs I've ever seen that fit the rest of the pattern of the post and I'm pretty sure this is low-hanging fruit for a serious app pentest.