Source: ZDnet Australia
If you're in for a challenge and desperate for money, get hacking!
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 (£6,959) donated by Secure Systems to a charity of the hacker's choice, otherwise if the technology isn't penetrated, US$1m (£695,906) will be donated to the "Make a Wish Foundation" when Secure Systems strikes a commercialisation deal that takes the technology to market.
"After [hackers'] first attempt we'll give them the default password to get into the vault," Wynn said. "But they still won't find what they're looking for. That's how sure we are of our product."
Whilst everyone else is trying to solve the problem of hacking and fraud by using heavily encrypted software, the Silicon Data Vault is a hardware firewall that sits between the operating system and the hard drive controlling the actions of the user, according to Wynn.
"Banks are losing tens of millions of dollars to Internet fraud a year," Wynn said, "We believe our device will stop all that."
