Bug abundance projects and some other White cap hacking rivalries are the hot patterns in the computerized world. We have already observed Hackers winning $215,000 for hacking iPhone 6S and Nexus 6P in Pwn2Own challenge.
A comparable sort of occurrence happened in PwnFest which is a bug pwning "celebration" for better security composed by POC. At this celebration, security firms and programmers target distinctive stages. The victors get the money prize and the stage engineers become acquainted with about the current vulnerabilities.
At PwnFest 2016, which was held in Seol, Hackers from Qihoo 360 and South Korean security analyst JungHoon "Lokihardt" indicated two unique hacks that abused Edge's vulnerabilities. The astonishing part is out of those two hacks, one was finished in only 18 seconds. As per The Register, Both won $140,000
The web program was running on a 64-bit rendition of Windows 10 Anniversary Edition (Redstone 1). The endeavors depended on SYSTEM-level remote code execution in the web Browser.
Qihoo 360 group had buckled down for as far back as 6 months to build up the assault. In any case, as of late Microsoft's upgrade fixed 3 out of 4 vulnerabilities that are required for the assault. Qihoo 360 group figured out how to adjust their Microsoft Edge program assault inside a traverse of 30 hours preceding the occasion.
PwnFest 2016 occasion additionally saw the world's first assault on VMware Workstation 12.5.1 from another Qihoo programmer group and Lee they won $150,000 for the hack. You need to sit tight for some additional time on the off chance that you will know specialized insights about the hack in light of the fact that the found imperfections will be given to the merchants first.
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