‘The FTC’s IoT Home Inspector Challenge is seeking ideas for a tool of some sort that would address the burgeoning IoT mess. The agency says it’s offering a cash prize of up to $25,000 for the best technical solution, with up to $3,000 available for as many as three honorable mention winner(s).

The FTC said an ideal tool “might be a physical device that the consumer can add to his or her home network that would check and install updates for other IoT devices on that home network, or it might be an app or cloud-based service, or a dashboard or other user interface. Contestants also have the option of adding features such as those that would address hard-coded, factory default or easy-to-guess passwords.”’

Source: The FTC’s Internet of Things (IoT) Challenge | Krebs on Security