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

search.lt news

search.lt presents newest links more »

The Ransom Letter

Authorize.Net Battles Extortion Attempts more »

Sun Strikes Grid Computing Pact with Bank

One week after touting its grid computing and other technologies on Wall Street for financial services customers, Sun Microsystems agreed to provide a Paris-based bank with more than 100 servers to power its transactions more »

PalmSource unveils smartphone operating system

Palm Cobalt OS to ship with new devices next year more »

Highlighting New Projects

Microsoft Scientists Offer Glimpse of the Future at European Innovation Fair more »

EU chief seen as keen to push Oracle merger through

European Commission wants to reach a decision on hostile bid before the end of October more »

IT security culture must start from the top

Global survey warns senior execs against 'delegating' security awareness more »

Sasser author gets IT security job

Sven Jaschan, self-confessed creator of the destructive NetSky and Sasser worms, has been hired by German security company Securepoint more »

search.lt news

search.lt presents newest links more »

IBM embraces grid converts

IBM has signed on five corporate customers and the Environmental Protection Agency to its ongoing grid computing initiative more »