Well, there's some good news for Hackers and Bug hunters, though a terrible news for Apple!

Exploit vendor Zerodium has tripled its bug bounty for an Apple's iOS 10 zero-day exploit, offering a maximum payout of $US1.5 Million.

Yes, $1,500,000.00 Reward.

That's more than seven times what Apple is offering (up to $200,000) for iOS zero-days via its private, invite-only bug bounty program.

Zerodium, a startup by the infamous French-based company Vupen that buys and sells zero-day exploits to government agencies around the world, previously offered US$500,000 for remote iOS 9 jailbreaks, which was temporarilyincreased to $1 Million for a competition help by the company last year.

The company paid out $1 million contest reward for the first three iOS 9 zero-days in November to an unnamed hacker group, then lowered the price again to $500,000.

With the recent release of iOS 10, Zerodium hasagreed to pay $1.5 Million to anyone who can pull off a remote jailbreak of the Apple's latest mobile operating system, allowing a full third-party control over the device.

The company has also doubled its bug bounty for Android 7.x ( Nougat) remote jailbreaks to $200,000 as well as boosted rewards for exploits in other software, including Adobe Flash, Microsoft Internet Explorer and Edge, Windows Reader, Microsoft Word and Excel, Safari, and OpenSSL or PHP.

Read more: http://www.istylmagazine.com/news/technology/hack-an-iphone-7-or-ios-10-device-and-get-1-5m/