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Over the past 12 months, Microsoft awarded $13.6M in bug bounties to more than 340 security researchers across 58 countries. The largest award was $200K under the Hyper-V Bounty Program. With an average of more than $10,000 USD per award across all programs, each of the over 1,200 eligible reports reflect the talent and creativity of the global security research community and their invaluable partnership in addressing the challenges of a constantly changing security environment.