Re: The Fallacy of Cracking Contests

Bruce Schneier wrote:

The Fallacy of Cracking Contests Bruce Schneier

[...]

1. The contests are generally unfair. [...] 2. The analysis is not controlled. [...] 3. Contest prizes are rarely good incentives.

I'd like to add: 4. a breaker is not likely to tell at least part of the people entering such a contest who have what it takes to be successful will NOT report a success. in many cases, waiting until the seemingly secure product actually ships and THEN applying the gained knowledge will yield far greater rewards.