The Pwnie Awards is an annual awards ceremony celebrating the achievements and failures of security researchers and the security community.

The awards are given out once an year. The fifth annual ceremony took place on Aug 3rd, 2011 in Las Vegas at the BlackHat USA security conference.

Award categories

In 2011 there will be nine award categories:

Pwnie for Best Server-Side Bug
Pwnie for Best Client-Side Bug
Pwnie for Best Privilege Escalation Bug
Pwnie for Most Innovative Research
Pwnie for Lamest Vendor Response
Pwnie for Best Song
Pwnie for Most Epic FAIL
Pwnie for Lifetime Achievement
Pwnie for Epic Ownage

Here is the list of winners- HERE