Internet of Things World Forum

Cisco Pledges $300k For Next Big Thing In Internet of Things Security

Most folks are still trying to figure out what “security” in the context of “The Internet of Things” actually means. But that didn’t stop Cisco Systems from throwing down a challenge to the tech sector: develop security solutions that address problems specific to The Internet of Things and win a cash prize.   In a blog post, Chris Young, a Senior Vice President in Cisco’s Security Group, announced The Internet of Things Security Grand Challenge, saying the contest would offer “visionaries, innovators, and implementers…the opportunity to define a future of a secure IoT,” and pledging up to $300,000 in prizes and awards up to $75,000 for six winners. Cisco has set its sights on the emerging “Internet of Things” in a big way – leveraging its deep roots as a networking infrastructure provider to carriers and enterprises, and ancillary businesses such as set top boxes and low-cost networking equipment for […]