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The tool would, at a minimum, help protect consumers from security vulnerabilities caused by out-of-date software.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.
HOW TO PARTICIPATE
The deadline for registering and submitting entries is May 22, 2017 at 12:00pm EDT. For full details, refer to Registration & Submission.
For more information about the contest, check out the criteria, rules, and FAQs.
If you have any questions or comments, please email email@example.com.