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Facebook Offers Funding to Secure the Internet

Facebook Offers Funding to Secure the Internet

Facebook is offering grants of up to $100,000 for research into ways of improving internet security.

The social networking giant announced its ‘Secure the Internet Grants’ initiative as part of its commitment to funding security research.

Facebook’s Chief Security Officer, Alex Stamos, said the company would offer up to $1m towards cyber defence research, or work, to combat behaviour that puts users at risk.

Stamos said Facebook would contribute $500,000 in initial funding to a bipartisan initiative to defend the US elections from cyber-attacks.

In this latest funding initiative, security researchers have until the 30th March to submit a two-page proposal on how they could use the funding to “make a real impact” in helping secure the internet.

Facebook said research should focus on areas such as abuse detection and reporting, anti-phishing, authentication, privacy, security in emerging markets, and user safety.

Facebook added: “Our goal is to spur development of technology that may be applied in practice, rather than pure research, in a wide range of topics.”

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