$268,000 BlueHat Prize contest 'cheap way to get someone else to innovate,' says expert
By Gregg Keizer
April 4, 2012 05:34 PM ET
Computerworld - Microsoft has received 20 submissions in the $268,000 contest it hopes will result in new security technologies being baked into Windows, a company security strategist said Tuesday.
The "BlueHat Prize" contest, which debuted in August 2011, offers $200,000 as a first prize, $50,000 for second, and a subscription to Microsoft's developer network for third place. The three winners will be flown to Las Vegas this July, when Microsoft will announce the results at the Black Hat security conference.
Microsoft collected 20 entries before the April 1 deadline, said Katie Moussouris, a senior security strategist lead at Microsoft, on a company blog yesterday.
Between now and Black Hat -- which runs July 21-24 -- Microsoft will evaluate the submissions and pick winners, Moussouris said.
BlueHat Prize was not a bug bounty system, where vulnerability experts are rewarded for uncovering specific flaws in software -- but instead was designed to prod researchers to invent novel technologies that would protect Windows from entire classes of memory bugs.
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