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FTC Seeks Automatic IoT Patching Tool, Offers $25K Prize

05
Jan
2017

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The US Federal Trade Commission (FTC) has announced an IoT competition, dubbed “FTC IoT Home Inspector Challenge”, promising $25,000 to whomever presents a viable solution for automatically guarding or patching IoT software vulnerabilities.

The proposed tool is meant to help consumers keep their home network smart devices safe from hackers, to prevent them from being used in massive Distributed Denial of Service attacks. After the Mirai botnet, comprised of allegedly millions of compromised IoT devices, led to massive internet outages, the FTC’s competition seeks a viable solution to prevent such attacks from reoccurring.

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