Cisco And NineSigma Announce $300,000 Grand Challenge To Secure Internet Of ThingsSAN JOSE, Calif. and CLEVELAND, March 4, 2014 /PRNewswire/ — Cisco, the worldwide leader in networking, and NineSigma, a leading innovation company, announced the Cisco Security Grand Challenge: A Global Initiative to Secure the Internet of Things. Winners of the challenge will share up to $300,000 in prize money for innovations that help prevent attacks on Internet-connected devices.According to Cisco, the number of these devices, from cars to medical monitors to kitchen appliances, is projected to grow from 10 billion today to 50 billion by 2020. Collectively, this network of devices is known as the Internet of Things (IoT). …
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