Security is always on top of the mind where Internet of Things (IoT) is concerned. Cisco has launched the Internet of Things Security Grand Challenge asking the global security community “to propose practical security solutions across the markets being impacted daily by the IoT.”
The company has offered a total US $300,000 worth of prizes. Announcing this Cisco Security Group senior VP Chris Young said in a blog post that the IoTSecurity Grand Challenge offered visionaries, innovators, and implementers the opportunity to define a future of a secure IoT. “With the IoT as a significant part of the larger Internet of Everything (IoE) market transition that brings together connected devices with people, processes, and data, it’s even more imperative that we ensure the things we connect are secure,” Chris wrote.
The Challenge offers up to US$300,000 in prize money, with awards from US$50,000 to US$75,000 for up to six recipients. Winning solutions will be announced and showcased at the Internet of Things World Forum sometime after September 2014.
A Cisco team of security experts will evaluate proposals based on the following criteria:
- Feasibility, scalability, performance, and ease-of-use
- Applicability to address multiple IoT verticals (manufacturing, mass transportation, healthcare, oil and gas, smart grid, etc.)
- Technical maturity/viability of proposed approach
- Proposers’ expertise and ability to feasibly create a successful outcome
Image Credit: Cisco
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