Posted By: Federal Trade Commission
Category: Ideas Skill: Ideas Interest: Consumer Submission Dates: 12 p.m. ET, Mar 01, 2017 - 12 p.m. ET, May 22, 2017
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The tool would, at a minimum, help protect consumers from security vulnerabilities caused by out-of-date software.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.
Click here for more details about this competition: FTC.gov/IoTHomeInspector.
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For official rules and details on how to enter, visit FTC.gov/IoTHomeInspector.