(This blog article has been published at the G Data Security Blog over here.)
The summer season has always been a mixture of holidays and launching new intiatives against cyberthreats if you look back at the past months. One of the new initiatives is brought to us by Microsoft with what they call the Blue Hat Prize. It is a contest that wants to generate new defensive approaches in the field of computer security. By launching this initiative, MS wants to develop new solutions to resolve security threats. And there are interesting prizes for the participants, ranging from $10,000 to $200,000.
It is known that MS also has some internal research conferences, but this new program will focus on new technology and defense against memory safety vulnerabilities especially. Microsoft clearly wants to encourage researchers to think about new ways of defeating entire classes of bugs instead of MS paying for individual bugs only, like some other companies are doing.