Microsoft to offer hackers millions in Zero Day Quest event

Microsoft launched Zero Day Quest on Tuesday with a preliminary event offering bug bounty researchers rewards with multipliers for select security scenarios.

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• Alexander Culafi, Senior News Writer

Microsoft on Tuesday unveiled Zero Day Quest, a bug bounty event offering up to $4 million in rewards to security researchers.

The announcement was one of several related to security at this year's Microsoft Ignite conference, which is being held this week in Chicago. Zero Day Quest, an on-site event taking place next year in Redmond, Wash., will serve as an expansion of Microsoft's bug bounty and transparency initiatives under the company's Secure Future Initiative.

"At the end of the day, we recognize that when it comes to security, it's fundamentally a team sport," Microsoft CEO Satya Nadella said during his Tuesday keynote. "And that's why we want to partner, and we ...