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Facebook Offers $1 Million for New Security Defenses

July 27, 2017

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Facebook is dramatically upping its efforts to entice security researchers to come up with new ways to secure and defend the Internet.

The social media titan is increasing the size of its Internet Defense Prize to $1 million to be doled out in a series of prizes throughout 2018, said Alex Stamos, Facebook’s chief security officer, who will deliver the keynote address here today at Black Hat. Facebook last year awarded $100,000 in Internet Defense Prizes, and a total of $250,000 since starting the awards recognition program along with USENIX in 2014.

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