Nearly $4 million in prize money between Pwnium and Pwn2Own drives more attention than ever to the two hacking contests, as Google crosses the $3 million security award mark.
Security experts say they were able to bypass several security measures in Chrome running on Windows.
Google says that the exploit Chromium contributor Sergey Glazunov discovered has already been fixed. It has also patched another exploit announced at Pwn2Own 2012.
The iPhone could be a regular target for attack if hackers can successfully use the same flaw that allows users to jailbreak it
Patch Tuesday will have fixes for three Windows holes but IE vulnerabilities reportedly being exploited in attacks will not be among them.
No efforts were made to attack Chrome, Firefox, Android, or Windows Phone 7 in the annual hacker contest at CanSecWest.
Company will issue an out-of-cycle patch for the flaws thought to have been used in cyberattacks against U.S. companies.