Google has paid some US$410,000 ($A381,000) to close 1100 vulnerabilities since the inception of its bug bounty programme
The vulnerabilities ranged from low to high severity and were reported by more than 200 individuals. Some 730 bugs qualified for rewards.
Google security team technical program manager Adam Mein said that the programme "has been a big success".
The company received 43 bug reports in the week after the reward programme, an extension of Chromium Security Research, was launched in November 2010.
“Roughly half of the bugs that received a reward were discovered in software written by approximately 50 companies that Google acquired," Mein reported.
"The rest were distributed across applications developed by Google (several hundred new ones each year).
"Significantly, the vast majority of our initial bug reporters had never filed bugs with us before we started offering monetary rewards.”
Google accepts vulnerability reports for its google.com platform, as well as in YouTube, blogger.com and Orkut.
The base reward for qualifying bugs is $469, and if the rewards panel finds a particular bug to be severe or unusually clever, rewards of up to $2936 may be issued.
The panel also said that it may also decide a single report actually constitutes multiple bugs requiring reward, or that multiple reports constitute only a single reward.
Mein said Google has gotten better and stronger as a result of this work and said bug bounty programmes help build better relationships with the security research community.