Facebook has announced that it is offering $300,000 to the winners of its Internet Security Prize in 2015. That is a huge increase from last years $50,000.

Facebooks Chief Security Officer, Joe Sullivan, said: "Securing the internet is a challenge that grows more important every day, and it's something Facebook cares a lot about. Reports of security vulnerabilities tend to grab the most attention in the industry, but some of the most promising ideas for a more secure Internet actually come from the academic world and can sometimes get lost in the mix."

Prize money will go to researchers "who introduce the best new ideas along with working prototypes that promise real security gains."

Johannes Dahse and Thorsten Holz won the first prize in August of $50,000 for developing a method of detecting so-called "second-order vulnerabilities," in which malicious files are installed on a Web server and later used to cause harm.


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