Internet of Things (IoT) is a tech term that refers to all of the different devices that are connected to the internet, such as routers, computers, smart phones, activity trackers, heart monitors, etc. Household IoT devices have always been known to have weak or non-existent security, which presents users with the possibility of having their privacy violated and their devices hacked by cyber criminals.
In an attempt to beef up the security of household IoT devices, the Federal Trade Commission has put together a contest and is offering a $25,000 top prize for tools and programs, “that would address security vulnerabilities caused by out-of-date software in IoT devices.”
In addition to the $25,000 grand prize, there will be three honorable mention prizes , which will be $3,000 each. Entries for this contest will be accepted until May 22nd, with the winners being announced 2months after that date.
If you’re interested, you can look at the full details and submit an entry to the contest HERE.
