Hackers offered cash, booze to crack iPhone fingerprint security
BOSTON (REUTERS) - Hackers are gearing up for Friday's iPhone 5S release with a contest to crack the device's first-ever fingerprint scanner, a high-tech feature that Apple Inc says makes users' data more secure.
A micro venture capital firm joined a group of security researchers to offer more than US$13,000 (S$16,000) in cash along with bottles of booze, Bitcoin currency, books and other goodies to the first hacker who breaks the device in a contest.
Mr Arturas Rosenbacher, founding partner of Chicago's IO Capital, which donated US$10,000 to the hacking competition, said that the effort will bring together some of the hacking community's smartest minds to help Apple identify bugs that it may have missed.
"This is to fix a problem before it becomes a problem," he said. "This will make things safer."