Microsoft Blue Hat Prize: $260K Contest For Memory Safety Innovations

Amid recent high-profile hacking attacks on government and corporate websites, Microsoft is offering a $260,000 (P11.026 million) reward for "Blue Hat" hackers who can think of creative ways to support computer security. Microsoft launched the Blue Hat Prize contest this week to encourage "new ideas" for defensive approaches to support computer security.

"As part of our commitment to a more secure computing experience, we hope to inspire security researchers to develop innovative solutions intended to address serious security threats," it said.

The inaugural contest urges security researchers to design a "novel runtime mitigation technology" to prevent the exploitation of memory safety vulnerabilities.