Microsoft Offers $250,000 For Security Defense Research

Microsoft just announced that is giving away a total of $250,000 in BlueHat prize rewards for "innovative" computer security research.

Winners will be announced at next year's Black Hat security conference, with the grand prize being $200,000 and second prize being $50,000, Katie Moussouris, head of Microsoft's Security Community Outreach and Strategy team, said in a conference call from the conference being held here.

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