Tesla Partner With Security Firm To Offer Prizes Of Up To $1m To Hack The New Model 3

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A hacking competition is offering almost $1 million in prizes (Rs 7.10 crore) to encourage hackers to find security issues with the  Tesla Model 3 car.

The Pwn2Own security conference partnered with the electric car maker to offer researchers the chance to win prizes ranging from $35,000 to $250,000 for finding vulnerabilities with the Model 3’s software.

The first person to discover a bug will also win a Model 3, courtesy of Tesla.

“Since 2007, Pwn2Own has become an industry-leading contest that encourages new areas of vulnerability research,” said Brian Gorenc, senior director of vulnerability research for cuber security firm Trend Micro.

Successful researchers are also named on Tesla’s website in the Tesla Security Researcher Hall of Fame, which appears to show a diminishing number of exploits being discovered. After 18 researchers were listed in 2013, seven were listed in 2014 and two in 2016. Over the last two years, only two vulnerabilities earned prize money from Tesla.

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