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."