Can hackers crack million-dollar dare?

Published: 11 December 2000 y., Monday
An Australian company, that claims to have developed the ultimate security-proof system, will soon issue a multi-million dollar dare to the hacking underworld. With a 30-day deadline, the challenge to crack Secure Systems' Silicon Data Vault technology will be issued by 15 December. A successful crack will see US$10,000 donated by Secure Systems to a charity of the hacker's choice, otherwise if the technology isn't penetrated, US$1m will be donated to the "Make a Wish Foundation" when Secure Systems strikes a commercialisation deal that takes the technology to market. Three years in development, the Silicon Data Vault was recently unveiled at the E-Security Conference and Exposition in the US. Configured to meet the needs of the everyday PC user, banking systems, government needs, as well as those of the military, the price tag attached to the Silicon Data Vault will depend on how much security is put through the chip, Wynn said.
Šaltinis: ZDNet Australia News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

New iPhone app from MasterCard for ATM finder gets thumbs up

The iPhone's new “ATM Hunter” is a a free iPhone application built by MasterCard that allows users to quickly find the ATMs that are closest to them. more »

House says Visa, MasterCard are to blame for security hacks, card compromises

In security breach cases last year, such as Hannaford Bros. supermarket and the card processing firm Heartland Payment Systems, cybercriminals gained access to millions of consumers' credit card details. more »

Ingenico warns contactless technology will divide the market

Ingenico, a provider of payment solutions, says contactless technology will split the retail market this year, improving sales figures for early adopters and costing those who shun the additional investment in this burgeoning technology. more »

Patent office validates many claims in widevine

Widevine Technologies today announced that the US Patent and Trademark Office has reconfirmed the validity of many claims of Widevine's U.S. more »

Nokia makes high-dollar investment in mobile payments startup

Nokia Corp., the world's largest maker of cell phones, is making a large investment in California-based Obopay Inc., a startup that's pushing person-to-person mobile-payments technology. more »

Banks invest in more tech to find synergies between anti-fraud, anti-money laundering

The increasing amount of overlap and duplication of data, tasks and processes in their anti-fraud and anti-money laundering divisions is driving banks to seek synergies between compliance, risk management and security, according to a new report from Datamonitor. more »

Global IPTV subs exceed 20mn

The total number of IPTV subscribers worldwide passed the 20mn mark at the end of 2008, according to new figures from Informa Telecoms & Media, taking into account both disclosed and estimated figures. more »

"Television is like the invention of indoor plumbing"

The IPTV World Forum opened its doors this morning on a bright London day, and the mood was equally optimistic indoors, with the conference rooms packed for keynote presentations from Christopher Schläffer of Deutsche Telekom, Christophe Forax from the European Commission and the BBC's Richard Halton, charged with making Project Canvas a reality. more »

Card fraud pushes consumers to non-bank online payments

A new Gartner Inc. report suggests that financial fraud could drive consumers away from banks and into the arms of electronic payment systems, such as PayPal, that they perceive to be more secure. more »

MasterCard: PayPass 50 million issued

In the last year this more than doubles the number of cards and devices in circulation around the world. more »