America's Federal Trade Commission has announced a $25,000 prize for whoever creates the best tool for securing consumers' IoT devices.

The so-called "IoT Home Inspector Challenge" asks participants to create something that will work on current, already-on-the-market IoT devices, with extra points also awarded for scalability ad easy of use. "Contestants have the option of adding features, such as those that would address hard-coded, factory default, or easy-to-guess passwords," according to the official site, but "The tool would, at a minimum, help protect consumers from security vulnerabilities caused by out-of-date software."

The winning submission can't be just a policy (or legal) solution, and will be judged by a panel which includes two computer science professors and a vulnerability researcher from Carnegie Mellon University's CERT Coordination Center. Computerworld points out that "This isn't the first time the FTC has offered cash for software tools. In 2015, it awarded $10,500 to developers of an app that could block robocalls."