FTC sets $25,000 Prize for Automatic IoT Patch Management Solution

The U.S. Federal Trade Commission has announced a "prize competition" for creating a software or hardware-based solution with the ability to auto-patch vulnerable Internet of Things (IoT) devices.

Today we are surrounded by a number of Internet-connected devices. Our homes are filled with tiny computers embedded in everything from security cameras, TVs and refrigerators to thermostat and door