ZDNet UK: Can hackers crack million-dollar dare?Dec 06, 2000, 19:11 (6 Talkback[s])
(Other stories by Rachel Lebihan)
"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."
"We don't believe any hacker at all will get through the vault," Secure Systems chief executive, Mike Wynn, told ZDNet. 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."