IIIT Bengaluru students secure top two positions in CyberShield Hackathon
Students from IIIT-Bangalore secured the top two positions at the CyberShield Hackathon, which focused on cybersecurity and financial fraud detection. The winning projects utilized Generative AI and machine learning to identify malware and mule accounts.
Why it matters
The success highlights the growing role of AI-driven solutions in addressing critical financial security challenges.
A team of students studying M. Tech at International Institute of Information Technology Bangalore (IIIT-Bangalore) earned the top two positions in the CyberShield Hackathon, organised by IIT Hyderabad in collaboration with Bank of India. Close to 3,000 teams from universities across India participated in the event.
Chandrahas Reddy, Sarthak Maheshwari, Harsh Mohta, and Arismita Mukherjee secured first place for one their projects and were awarded ₹5 lakh. They took the second place for another project winning ₹3 lakh.
The hackathon challenged participants to develop technology-driven solutions to emerging cybersecurity and financial fraud challenges. While the first problem statement focused on strengthening the identification and analysis of fraudulent mobile applications and malware, the second addressed the growing challenge of detecting mule accounts and evolving patterns of financial fraud.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in