Facebook Ups Its Internet Defense Prize Award To $300,000

Facebook announced today that it is upping its commitment towards internet security with larger awards in 2015 for winners of the Internet Defense Prize. DDoS attacks and user data theft are becoming increasingly common on the Web, with black-hat hackers around the world taking a stab at penetrating servers from top companies and popular online service providers that have large user bases. This puts both users and companies at risk of identity theft, harassment and financial loss. A statement issued by Facebook’s Chief Security Officer Joe Sullivan outlines the social network’s increased commitment towards the cause: Facebook will offer up...

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from The Next Web http://thenextweb.com/facebook/2014/10/29/facebook-ups-internet-defense-prize-award-support-online-security-research/

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