PSB'S CYBERSECURITY, FRAUD & AI HACKATHON 2026
Bank of India
📌 About the Event
Bank of India (BOI), in collaboration with IIT Hyderabad, is hosting this prestigious national-level hackathon. Powered by the Department of Financial Services (DFS) and the Indian Bank Association (IBA), this initiative seeks to solve high-priority banking challenges through Gen-AI and advanced analytics.
ℹ️ EVENT OVERVIEW
- Organizer: Bank of India (BOI) & IIT Hyderabad.
- Authority: Ministry of Finance, Govt. of India.
- Timeline: May 7, 2026 – August 28, 2026.
- Finale Venue: IIT Hyderabad (IITH) Campus.
🎯 PROBLEM STATEMENTS
- Generative AI for Malware: Automating reverse engineering and risk scoring of fraudulent mobile APKs/Malwares.
- Fraud Monitoring & Mule Accounts: Developing AI/ML solutions to ingest real-time financial data to detect suspicious transactions and prevent fraudulent proceeds.
🏆 PRIZES & RECOGNITION
- 💰 Total Prize Pool: ₹20 Lakhs.
- 🥇 1st Prize: ₹5 Lakhs (per topic).
- 🥈 2nd Prize: ₹3 Lakhs (per topic).
- 🥉 3rd Prize: ₹2 Lakhs (per topic).
- 📜 Perks: National-level recognition, Certificates of Excellence, and mentorship from IITH.
👥 ELIGIBILITY & TEAM RULES
- Target: All students from any recognized Institute/University.
- Team Size: 3 to 4 students per team.
- Diversity Rule: As part of Women Empowerment, teams should preferably include 1 or more female participants.
- Finale: Top 50 teams nationwide will be invited to the IITH campus.