Cisco: $300,000 prize for Internet of Things security apps

At RSA Conference, Cisco rolls out 'Internet of Things Security Grand Challenge.'

San Francisco -- Cisco today kicked off a contest with $300,000 in prize money that challenges security experts around the world to put together ways to secure what's now called the "Internet of Things," the wide range of non-traditional computing devices used on the electric grid, in healthcare and many other industries.

At the conclusion of his keynote address at the RSA Conference, Christopher Young, senior vice president for the security group at Cisco, announced what he called the “Internet of Things Security Grand Challenge.” Pointing to the Cisco website description of the contest, Young said the idea is “a contest of experts around the world to submit blueprints” for how security issues created by the Internet of Things could be addressed.

+ More on Network World: Cisco blog announcing Internet of Things Grand Challenge | Google’s Vint Cerf defines Internet of Things challenges | CIA chief: Internet of Things, infrastructure attacks are big security headaches +

It’s expected that up to six winning entries would be selected and the prize money awarded at the Internet of Things Forum in the fall. Between $50,000 to $70,000 is expected to be awarded by Cisco to winning contestants. According to the Cisco blog item, the goal is to devise security approaches for devices used in manufacturing, mass transportation, healthcare, oil and gas and the smart grid, which would be judged for feasibility and scalability.Ellen Messmer is senior editor at Network World, an IDG website, where she covers news and technology trends related to information security. Twitter: MessmerE. E-mail: emessmer@nww.com

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