Google Drive allots $1 million to fund security research grants

The cloud storage arm of the Internet giant announced a new research grant program on Thursday that will fuel independent security researchers working to improve Google's data security.

Google Drive is putting a spin on bug bounty initiatives with a new fund drawn out to shore up its own data security.

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The cloud storage arm of the Internet giant announced a new research grant program on Thursday that will fuel independent security researchers working to improve Google's data security.

Google Drive product manager Kevin Nelson briefly explained in a blog post how the Android maker uses its own custom data centers and infrastructures to secure data and content (i.e. photos and videos from smartphones to tablets, etc.).

On top of Google's own internal army of more than 500 security experts, Nelson stressed the value of contributions made by independent security researchers.

Thus, following a long line up of other incentive programs, Google's latest research grant fund is launching with an initial pool of $1 million for 2016 on top of the continuing bug bounty offer of up $20,000 for researchers who uncover and report a significant issue.

"While you're sipping eggnog, we'll be making sure your files stay safe," Nelson quipped.