Microsoft software is often vulnerable to various security issues mainly due to the popularity of their software. Now Microsoft is actually paying big amounts to developers or researchers which will present reliable solution which can increase the defense of their software products.
This prize from Microsoft will be known as Blue Hat Prize and winner will be awarded up to 2,00,000$ in prize money and 50,000 $ to the person who will finish 2nd. There will be a prize for third place also!
In the first edition of this competition a developer named Vasilis Pappas claimed the first prize.