Google has announced a $1 million bug bounty reward for hackers who can carry out a full chain remote code execution exploit on the Titan M secure chip in Pixel devices, with an additional 50% bonus if the hack is done on a developer preview version of Android. This move aims to attract more skilled hackers to identify vulnerabilities and improve device security, as the skills required are rare and often sold to offensive buyers or used for personal gain. The increased incentive also encourages whitehat hackers to help companies like Google, rather than leaving users vulnerable, as tech giants compete to match the effort of finding bugs, creating a more secure product.