FTC Challenges Public to Improve IoT Security
Jan 12 2017
The Federal Trade Commission (FTC) announced on Wednesday, January 4th, a prize competition to improve the security of current IoT connected devices.
The IoT Home Inspector Challenge asks competitors to create technical solutions to security vulnerabilities in their IoT devices’ software – at minimum, competitors are expected to protect consumers from the vulnerabilities associated with out of date software.
With the surge of IoT connected devices in recent years, many concerns have been raised as to their role in the individual consumer’s privacy and security – in fact, a surge of online attacks related to IoT devices from Mirai Botnet was one of the biggest cyber security stories of 2016.
Major components that entries will be judged on are recognizing IoT software present in the home and assessing its need for updates, user friendliness, and scalability. Entries may receive bonus points for especially creative security options even if main components aren’t addressed.
+ Contestants may begin submitting entries as early as March 1st, 2017.
+ All entries are due by May 22nd, 2017, at 12:00pm EDT, and winners will be announced in late July.
+ The winner of the contest will receive $25,000, with $3,000 prizes available for honorable mentions.