DARPA's Cyber Grand Challenge Offers $3.75 Million In Prizes

An anonymous reader writes: Computer security experts from academia, industry and the larger security community have organized themselves into more than 30 teams to compete in DARPA's Cyber Grand Challenge, a tournament designed to speed the development of automated security systems able to defend against cyberattacks as fast as they are launched. The Challenge plans to follow a “capture the flag” competition format that experts have used for more than 20 years to test their cyber defense skills. The winning team from the CGC finals stands to receive a cash prize of $2 million. Second place can earn $1 million and third place $750,000.