Google is one of the leaders when it comes to offering bug bounties. At Pwnium 3, Google has brought lots of money to the table to ensure that Chrome OS is the most secure it can possibly be. By offering up $3.14159 million in prizes, Google hopes to entice the world's best hackers to compromise Chrome OS before someone with bad intentions can.

Prizes will be in two different levels:

• $110,000: browser or system level compromise in guest mode or as a logged-in user, delivered via a web page.
• $150,000: compromise with device persistence - guest to guest with interim reboot, delivered via a web page.

If a hacker is unable to do that, Google isn't hanging them out to dry. Partial awards will be offered for incomplete or unreliable exploits. Attacks must work against a Samsung Series 5 550 Chromebook running the latest Chrome OS if the hacker wishes to collect the prize.

Pwnium 3 will be held at CanSecWest in Vancouver, BC, on March 7. The competition will run at the same time as Pwn2Own, which is taking place at the same place from March 6-8.