The program Bug Bounty of Yahoo! its a fact.
The program was announced by its manager Yahoo Paranoids Ramses Martinez . If you don't know what it is then it probably doesn't concern you. However, if you want to know, Yahoo's announcement is about a reward program for researchers security which they will discover errors in the Yahoo code.
The program was announced earlier in the month with a publication at Tumblr, but today it was formally announced that it is about:
1) Reporting - You can now submit your vulnerability reports from here: http://bugbounty.yahoo.com.
2) Ratification - submissions will continue to be validated 24 × 7 by Yahoo's security team.
3) Restoration - the company promised to try to correct the issues that are sent to them as soon as possible.
4) Recognition, any researcher who discovers something essential will get a place in the "Wall of Fame" of the company.
5) Reward - In addition to the standard t-shirt with the company logo, amounts from $ 250 - $ 15.000 will be paid depending on the seriousness and complexity of the issue.
Let the parties run. Yahoo is known for its many vulnerabilities and the reward program will help it a lot.