Congrats to computer science professor Mihir Bellare. He and Phillip Rogaway won the ACM Paris Kanellakis Theory and Practice Award , for their development of practice-oriented provable security. Their contribution resulted in high quality, cost-effective cryptography, a key component for Internet security in an era of explosive growth in online transactions. (Who doesn't shop online!?)
Check out the ACM Paris Kanellakis Theory and Practice Award Web page here. BTW, ACM stands for Association for Computing Machinery.
I interviewed Bellare in 2007 regarding a TR35 award that one of his students, Tadayoshi (Yoshi) Kohno, won.