FTC sets $25,000 prize for automatic IoT patching
The U.S. Federal Trade Commission is scheduled to announce Wednesday a "prize competition" for a tool that can be used against security vulnerabilities in internet of things systems.The prize pot is up to $25,000, with $3,000 available for each honorable mention. The winners will be announced in July. The announcement is scheduled to be published Wednesday in the Federal Register.The tool, at a minimum, will "help protect consumers from security vulnerabilities caused by out-of-date software," said the FTC.The government's call for help cites the use of internet-enabled cameras as a platform for a distributed denial of service (DDoS) attack last October. Weak default passwords were blamed.To read this article in full or to leave a comment, please click here