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Dylan Love

Remember when Google offered up $1 million to anyone who could pose a security threat to Chrome? Looks like the company will have to pay up, but not nearly that amount.

Sergey Glazunov, a Russian student, successfully hacked a computer running a Chrome browser by using a never-before-seen exploit, reports Forbes.

Glazunov's trick bypassed the browser's "sandbox" restriction, which would normally keep a hacker out of the rest of a computer's system if he were able to break the browser.

This all happened at the Pwnium Competition, part of the CanSecWest security conference in Vancouver. One of the conditions of the competition requires Glazunov to turn over all details of how Chrome was compromised so that Google can make the browser more secure down the road.

Glazunov's payout, while nowhere near $1 million, comes to a very agreeable $60,000.