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Auction Site To Sell Security Vulnerabilities

talkinsecurity writes "A Swiss research lab has built an eBay-like marketplace where hackers and researchers can sell the security vulnerabilities they discover to the highest bidder. WabiSabiLabi could replace the back-room, secret sites where researchers and hackers used to sell their exploits and replace them with a neat, clean way to make money by finding security flaws. Those who have seen the site say they are concerned about how the buyers will be vetted, and how the marketplace will ensure the flaws aren't found through illegal methods."

11 of 121 comments (clear)

  1. Re:Bidding up by MadUndergrad · · Score: 4, Insightful

    Yeah, like it or not there's a good deal of trust involved for sites like eBay. I don't think that's going to work when extortion and thousands of dollars are on the line.

  2. How do you preserve value? by ushering05401 · · Score: 4, Interesting

    The whole value of the exploit is that only a few people know it exists. How do you preserve that when you would need to divulge something of the nature of the exploit for it to be marketable?

    I wonder if the people putting this on are actually looking to make a point about software vendors and their products. Any chance that they are looking to do nothing more than score some legal victories for the good of the public?

    Regards.

    1. Re:How do you preserve value? by GizmoToy · · Score: 4, Insightful

      I agree. Once you tell the bidder what the flaw is in, and give a good enough description of it to garner bids, someone is going to be able to track it down for themselves for free. Not the best business model.

  3. sounds good to me by nanosquid · · Score: 4, Insightful

    Companies like Microsoft seem to have developed the attitude that people shouldn't find their security holes at all, but if they do, they should be obligated to report them for free.

    I think a free market approach like this is good.

    As for vetting buyers and sellers, I don't think that's either necessary or desirable. If people find security holes through "illegal means" (whatever that means), it's a matter for the police and courts. And if the mafia outbids Microsoft, well, then Microsoft will have to live with the consequences or pay more next time. Companies like Microsoft should be exposed to the true costs of their security vulnerabilities, and they will be exposed to that only if the "bad guys" are in on the bidding, because vulnerabilities aren't worth a lot to the other "good guys".

    If prices and damages get high enough, companies will invest enough in software development to stop creating security vulnerabilities in the first place.

    1. Re:sounds good to me by suv4x4 · · Score: 4, Insightful

      Companies like Microsoft seem to have developed the attitude that people shouldn't find their security holes at all, but if they do, they should be obligated to report them for free.

      I think a free market approach like this is good.


      Oh yea, free market always works! Especially when the bidders in this case would actually gain financial benefit from said "goods" by illegal access to people's machines.

      Software companies that produce products will be forced to "pay up" or let the vulnerability go to said parties above.

      Other free markets that work just fine, and bidding works miracles in there:

      * Human Organ Markets
      * Internet domains
      * Fire Weapons, Biological Weapons, Missiles
      * Kidnapping journalists in Iraq for bounty
      * De-regulated utility monopolies
      * Open Market Health Insurances

      The world is full of amazing examples where the best thing EVAH to do, was just sit there in awe and think "it's perfect"!

  4. Now bidding by nrgy · · Score: 5, Funny

    System - Microsoft Windows
    Flaw - You name it
    Bid - 1 beeeeellllion dollars

  5. How would you know that it is only sold once? by EmbeddedJanitor · · Score: 4, Insightful
    After all, who's going to try claim "ownership" of an exploit?

    --
    Engineering is the art of compromise.
  6. Re:Interesting vulnerabilites on the site by stonecypher · · Score: 4, Informative

    Tons of ways. One of the most common and easily explained is a denial of service attack. People tend to think that DoS just means hammering the line into submission; it's a broader topic than that. If that kernel memory leak can be triggered by any outside signal, then anyone who wants to bring that box down just needs to trigger it over and over until the box has run out of RAM and swap. On a high speed network, that can often be done shockingly quickly - on the order of tens of minutes, occasionally faster.

    If you're interested in these things, in my opinion, the best thing you can do is read a good operating system book - in my opinion you're best off with either Tanenbaum or Silberschatz - those books describe these problems in detail in terms of debugging your work, but in many cases, compromising a system is about leveraging unfixed bugs (enbugging, if you'll pardon the coining;) as such, a book meant to teach one to fix these is a great way to learn what needs to be protected against, as well as why.

    --
    StoneCypher is Full of BS
  7. Self Exploitation by Alchemist253 · · Score: 5, Funny

    I wonder how long it will be before someday auctions a vulnerability discovered in the auction site itself.

  8. Its simpl;e, really - and why it won't work by tomhudson · · Score: 4, Insightful

    It reminds me of the joke:

    Man: I just lost my wallet with $1,000.00 and my credit cards in it. I'll give whoever finds it $100.00.
    Voice from back of room: $I'll give $200.00

    If its a real vulnerability, you can sell it over and over again. None of the buyers is going to leak it - they'd lose their investment, and chance to make $$$.

    So, sell it once for $X, or sell it 20 times for $X/2?

    This is just someone else with a lame attempt to insert themselves into a market.

  9. Had this type of subject come up in class by bryan1945 · · Score: 4, Interesting

    It was an InfoSec class in a Masters program.

    Question- what do you do if you come upon a security hole?
    Answer- ?

    Case in point, some grad student in physics accidentally came across a vulnerability in the engineering dept's site. He reported it to his adviser the same day. (Yes, it was all proven). Adviser told the engineering dept., they fixed it, high fives all around. About a year later, the psych dept. gets broken into with a quasi-semi like exploit. Who does the uni and cops go straight after as a suspect? Yup, the kid who turned in the engineering vulnerability. Eventually was cleared, but how great is it to be a "Good Samaritan"?

    So now you are student who comes across a commercial exploit. Now what? Auction is off for some moohla, let the company know, sit tight? If you auction it off and don't get sued by the company, does the school have a right to kick you out due to "unethical behavior"? If you let the company know, what kind of exposure do you have then? Can they accuse of being a hacker? If something similar in the future happens, can they come back to you? If you're a fan (or fanboy) of the company and sit tight, and later it gets hit by the same exploit, how is your conscience?

    Now ramp the whole thing up to be a person in the commercial field. Tell your boss, etc.?

    Now ramp it up to government level. Tell.... ? (underpant gnomes- had to fit that in somewhere)

    Now ramp it up to classified level. Wait... nah, you cool as long as you tell your boss so -they- can exploit it.

    As an individual at home, you'll probably be fine as long as you don't use the exploit to your advantage, and if you report it to a security site or the company I would think you would be fine.

    Personally, I wouldn't touch this site with a 6 foot pole.

    --
    Vote monkeys into Congress. They are cheaper and more trustworthy.