No! No! You're mistaken Google! Its HIGHLY recommended that you crush any bug reports, silence complainers and pretend everything is perfectly okay! It's not like hackers can break into databases that easily!
On serious note, I wish more companies would adopt something similar to Google's tactic of bug-hunting. Nothing more irritating when you submit several well-done bug reports (if there is a bug-reporting system) and then watch that inactive company get smashed in the face a few months later when hackers discover the bugs.