Hungarian developers Istvan Lam and Szilveszter Szebeni are offering a $25,000 reward to any white hat hacker who can breach the cyber defenses of “Tresorit,” according to VentureBeat.
Tresorit aims to offer a truly secure cloud storage service, where files, passwords, encryption keys are never stored in unencrypted form, it is referred to as a high-security alternative to DropBox.
“Files and some encryption keys can only be decrypted by the people they have been shared with.”
The website offers client-side encryption, in which files are encrypted before they enter the cloud. The AES-256 standard is used to encrypt files.
“All of our data centers employ physical security measures against intrusion, and are equipped with uninterrupted backup systems.”
