Microsoft Announced For $250,000 BlueHat Prize Contest

Last few days the software giant Microsoft has tried to tune more public attention in order to get more idea regarding the security risks of Microsoft Operating System. By following the same tradition they have now declared for the Microsoft BlueHat Prize contest, within this the best solution sender will be awarded $250,000 as a cash prize.

This new kinds of contest was announced at the Caesars Palace in Las Vegas in the annual function of Black Hat USA Security Conference. With the sequence to the fact the security expert all over the world have attended this four days Sin City event, which they have compared as one of the largest conference in this world by basing on this tread. Here all of those experts have shared their valuable information and advices on the latest security vulnerabilities.

In this matter Katie Moussouris, the senior security strategist of Microsoft from the Microsoft Security Response Center, has stated “Microsoft is now looking for the new ways of developing or promising various security solutions.”

Later he also added “At present Microsoft is wanting to encourage more security expert in order to link about the ways for reducing threats towards the computing device. So, we are now looking for collaborating with the others, who can build this solution for reducing these industry problems. That’s why I always believe that this BlueHat Prize will encourage the world’s most talented researchers as well as academics for tackling the key security challenges as well as for offering them a chance to be familiar with this world.”

But practically the rules and regulation of official contest are stating that Microsoft is now actually looking for a runtime mitigation technology solution which is too much be able to prevent the exploitation of memory safety vulnerabilities. Moreover the company is now stared to hope that this new kinds of contest will completely be able to give themselves the proper solution.

Microsoft has also declared that the winner of the contest will receive $200,000 while the second place holder will receive $50, 000 and the third place holder will receive a MSDN Universal subscription which actual cost is $10,000.