Online auction for security bugs

[Camy]

http://news.bbc.co.uk/1/hi/technology/6276474.stm

Security researchers who find holes in software can now sell their findings to the highest bidder. An online auction house has been created to bring together those who find the loopholes with the companies that can do something about them. It aims to close the gap between the small number of bugs investigated and the huge number thought to exist.

By rewarding researchers, the auction house aims to prevent flaws getting in to the hands of hi-tech criminals.

It seems like a good idea to me.