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takyon writes:

Zerodium Temporarily Stops Purchasing iOS Exploits Due to High Number of Submissions

Zerodium this week announced that it will not be purchasing any iOS exploits for the next two to three months due to a high number of submissions. In other words, the company has so many security vulnerabilities at its disposal that it does not need any more.

Zerodium is an exploit acquisition platform that pays researchers for zero-day security vulnerabilities and then sells them to institutional customers like government organizations and law enforcement agencies. The company focuses on high-risk vulnerabilities, normally offering between $100,000 and $2 million per fully functional iOS exploit.

Also at The Register and Wccftech.

Previously: Zero-Day Broker Publishes a Price Chart for Different Classes of Digital Intrusion
Exploit Vendor Drops Tor Browser Zero-Day on Twitter

Original Submission