PatPending writes with news that Google will be offering up to $1 million for the discovery of new exploits in their Chrome browser. This comes as part of the CanSecWest security conference, and the rewards will be broken down into categories: $60,000 for an exploit using only Chrome bugs, $40,000 for an exploit using a Chrome bug in conjunction with other bugs, and $20,000 for exploits that affect Chrome (and other browsers) but are due to bugs in other software, like Flash, Windows, or drivers. Google had originally planned to offer rewards through the Pwn2Own competition, but they were concerned by the contest rules: "Unfortunately, we decided to withdraw our sponsorship when we discovered that contestants are permitted to enter Pwn2Own without having to reveal full exploits (or even all of the bugs used!) to vendors. Full exploits have been handed over in previous years, but it’s an explicit non-requirement in this year’s contest, and that’s worrisome. ... We guarantee to send non-Chrome bugs to the appropriate vendor immediately."