Silicon Safe Launches ‘Unstealable’ Password ‘Hacker Challenge’

CAMBRIDGE, U.K. - Oct. 9, 2014 - PRLog -- Silicon Safe (Cambridge and Adastral Park, UK) is announcing an open challenge for hackers and cybersecurity experts to attempt to steal usernames and passwords from their challenge server appliance. The challenge is announced today (9^th October 2014) on the second day of the CyberExpo at Excel, London, where the company is exhibiting in the ‘Futures Den’ which is at stand V4, and is open to all.

Silicon Safe believes that all software-based password protection solutions are ultimately hackable, so the company has invented a hardware solution from which, it claims, it is impossible to extract usernames and passwords.

There have been a large number of high-profile bulk identity thefts in recent months, using a variety of sophisticated tools and techniques. The value of stolen passwords means that stealing large volumes is a highly profitable business. The cost in damage to reputation and implementation of new protection to the victim companies is significant. That is why cybersecurity experts and hackers are invited to go to https://challenge.siliconsafe.com/ to get details of the challenge and try their hands at stealing the 100 protected credentials from the Silicon Safe appliance.

“We think it is impossible to steal usernames and passwords from our system”, said Roger Gross, CEO and Founder of Silicon Safe, “because of our unique hardware solution. The attack that resulted in loss of passwords at eBay would not have been possible if the company had been using Silicon Safe’s solution.  We expect most experienced cyber experts and hackers to realise that they are unable to gain access to the data when they read the description of our solution, but for those who think they can do it, we are offering them the opportunity to give it their best shot. There is a prize of Google Glass and a large amount of kudos for the first person to succeed.”

He added: “There are no “back doors” or administrator privileges to exploit, and no code to infect; crack it if you can!”

ENDS

For further information:

Nick Milner

Milner Strategic Marketing Ltd

nick.milner@milnerltd.com

+44 (0)1473 633124

About Silicon Safe:

Silicon Safe is a hardware company specializing in the Cybersecurity market.

Founded by experienced IT and security professionals in 2013, Silicon Safe uses a unique hardware design which is currently pending patent approval.

The company is headquartered in St John’s Innovation Centre, Cambridge and has its technical facilities at Adastral Park, Martlesham.