Herman Zampariolo, Wabisabilabi: WSLabi holds up iPhone hacker as classic example of coding rewards

Herman Zampariolo, CEO of Wabisabilabi (WSLabi), the online auction space for buyers and sellers of software vulnerabilities to conduct deals in a confidential manner, has congratulated a 17-year-old teenager who has secured a consulting job, a new car and two extra iPhones in exchange for his secret of unlocking the Apple iPhone.

The teenager, George Hotz, has effectively traded his unlocked iPhone for a new and potentially prosperous career, said Zampariolo, who added that the hard work that Hotz put in over the summer months has obviously paid off.

According to Zampariolo, the iPhone unlocking saga - which has been brewing since the iPhone first went on retail sale in the US – has caused quite a stir at WSLabi headquarters.

"We actually received a few days ago a similar workaround that would apparently allow an IPhone to be unlocked, but the issue up for discussion is whether the fact the handset can be unlocked is a security flaw, and therefore eligible to be listed on our marketplace," he said.

Regardless of such debates, Zampariolo said that the fact that the 17-year-old has secured a valuable set of rewards for his coding work is a clear sign - as if any were needed - that the market is evolving toward the WSLabi model, where researchers have the right to be properly rewarded.

"Whilst the iPhone is rapidly becoming one of the most hacked mobile devices in history, the lesson is quite clear - if you can by-pass an IT product’s systems in any way, then you can make money from your endeavours, provided you channel your hard work in a positive way," he explained.

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