Hackers will compete for prizes from Tesla. In addition to the first winner who gets the car, Tesla also pays…

$250,000 if they can hack the autopilot
$100,000 if they can hack the modem or tuner
$100,000 if they can hack the key fob or phone-as-a-key

Microsoft, VMWare, and other companies are offering big prizes to someone for breaking their security.

Challenges like this are an excellent way for companies to find security holes in their hardware, software, and services. Most companies offer a bounty system to pay successful attackers every day of the year.

If you want to go, or even compete, the event is March 20-22 in Vancouver. Visit CanSecWest.com.