Apple’s head of security and engineering architecture, Ivan Kritic, revealed yesterday that the iPhone maker is finally creating a bug bounty program that will offer rewards of up to $200,000 to security researchers who find vulnerabilities on the company’s various software platforms.
The news came during a keynote at the annual Black Hat Conference in Las Vegas where Kritic also gave attendees a behind-the-scenes look at iOS 10 security as part of Apple’s effort to become more open about its architecture in hopes of improving it.

July 19, 2000: Apple launches its futuristic-looking Power Mac G4 Cube. The clear computer is one of the company’s most jaw-droppingly gorgeous machines, but ultimately becomes one of its biggest disappointments.
Sometimes affectionately called the “cheese grater,” the original Power Mac G5 first went on sale on June 23, 2003 — offering what was then Apple’s fastest-ever machine and the world’s first 64-bit personal computer.