There is a reason why Chrome may have gained market share at a record pace the past two years — Google is sparing no expense trying to make it the Web’s most reliable browser. The company is offering a total of $1 million in reward money for hackers who can exploit any security vulnerabilities or bugs. Russian student Sergey Glazunov submitted the first successful entry at the recent CanSecWest security conference in Vancouver after revealing a “Full Chrome Exploit” that bypassed the browser’s sandboxing security, earning him a cool $60,000 for his efforts. That bounty is the highest individual prize available, followed by $40,000 for revealing a “Partial Chrome Exploit” and $20,000 for exploiting bugs outside of Chrome such as in Flash or Windows.

Read more 'Net Briefs from the May 2012 issue of Website Magazine: New and Improved iPad - Mobile App Watch - Twitter Ads on the Go - Startups to Watch - Lost in Translation - Bing's Organic Phase  - Acquisitions and Milestones  - It's About Time(line)  - OpenStack Opens Up - A Patented Conflict - Mind Games  - Girl Power