FTC launches IoT security challenge with $25,000 prize

Ever worry about how insecure the "smart" devices in your home are?  Wanna do something about it?

The Federal Trade Commission (FTC) is launching the IoT Home Inspector Challenge, an open call to developers, software engineers, and weekend tinkerers to create a solution (hardware or software) that will make the Internet of Things a little safer.

Specifically, the FTC is looking for a tool that can, at the very least, "help protect consumers from security vulnerabilities caused by out-of-date software."  Of course, more is better if you want to add additional security features.

You can enter by yourself or with a team, and the top entry will earn $25,000.  Honorable mentions can potentially take home $3,000.  The contest runs from March 1st to May 22nd, and the winner(s) will be revealed in late July.

If you're thinking of entering, all the rules and eligibility requirements can be found on the FTC's contest page.