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Ftc Sets $25,000 Prize For Automatic Iot While Management Solution

Ftc Sets $25,000 Prize For Automatic Iot While Management Solution

Ftc Sets $25,000 Prize For Automatic Iot While Management Solution

 Today nosotros are surrounded yesteryear a issue of Internet FTC sets $25,000 Prize for Automatic IoT Patch Management Solution
The USA Federal Trade Commission has announced a "prize competition" for creating a software or hardware-based solution alongside the mightiness to auto-patch vulnerable Internet of Things (IoT) devices.

Today nosotros are surrounded yesteryear a issue of Internet-connected devices. Our homes are filled alongside tiny computers embedded inward everything from safety cameras, TVs in addition to refrigerators to thermostat in addition to door locks.

While IoT is going to ameliorate life for many, the issue of safety risks due to lack of stringent safety measures in addition to encryption mechanisms inward the devices convey increased exponentially, giving attackers a large issue of entry points to deport upon you lot inward to a greater extent than or less or the other way.

Remember Mirai Botnet?

H5N1 botnet of only 100,000 hijacked IoT devices was used to overflowing the Dyn DNS service alongside unwanted requests in addition to close downwards the Internet for Millions of Users a few months ago.

At that time, Chinese theater Hangzhou Xiongmai Technology admitted its smart products – DVRs in addition to internet-connected cameras – were inadvertently misused to launch the massive DDoS fix on against Dyn.

Later, the Chinese theater rolled out patches for safety vulnerabilities establish inward its IoT products, but due to hard-coded passwords in addition to the fact that their makers implemented the devices inward a means that they cannot easily hold upwards updated, the theater recalled to a greater extent than or less of its products.

The manufacturers sell IoT devices alongside no machinery inward identify for automated field updates in addition to therefore, effective field deployment is a large occupation for IoT devices.

This leaves their consumers alongside unsupported or vulnerable internet-connected devices presently later purchase. H5N1 huge issue of devices rely on weak in addition to elementary password 1234, hardcoded password, backdoors, insecure protocols.

Now, inward an endeavor to uncovering a solution that tin give the axe hold upwards used against safety vulnerabilities inward IoT systems, the USA Federal Trade Commission has announced a "prize competition" for public, Computerworld reports.

The skilful word is you lot tin give the axe earn upwards to $25,000 for a technical solution (tool) that "consumers tin give the axe deploy to guard against safety vulnerabilities inward software on the Internet of Things devices inward their homes."

The FTC is looking for a tool that could hold upwards used to perform automatic software updates for Internet-connected devices in addition to up-to-date physical devices every bit well; wherein to a greater extent than or less volition automatically update field others demand users to adapt i or to a greater extent than settings.
The winning tool could hold upwards a physical device, an app or a cloud-based service that, at a minimum, volition "help protect consumers from safety vulnerabilities caused yesteryear out-of-date software," said the FTC.
The FTC volition denote the winners inward July. This novel proclamation is scheduled to hold upwards published Midweek inward the Federal Register.
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