FTC launches IoT Challenge
The Federal Trade Commission
(FTC) is hosting a prize competition that challenges the public to create a
technical solution ("tool") that consumers can use to guard against
security vulnerabilities in software found on the Internet of Things (IoT)
devices in their homes.
The tool would, at a minimum, help protect
consumers from security vulnerabilities caused by out-of-date software.
Contestants have the option of adding features, such as those that would
address hard-coded, factory default or easy-to-guess passwords. The prize
for the competition is up to $25,000, with $3,000 available for each honorable
mention winner(s). Winners will be announced on or about July 27, 2017.
The deadline for registering and submitting entries is May 22, 2017 at
12:00pm EDT. For full details, click here
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