Cybersecurity Hackathon Powered By RiskAct

Hack the Hustle: Securing the
Future of Financial Services

Objective

The aim is to design, build and present the most innovative solution to cybersecurity threats within the financial services industry, and then pitch a final concept, prototype or presentation to the stakeholders.

Participants

This Hackathon will be geared towards the Cybersecurity professionals, software engineers, data scientists, and creative problem solvers passionate about securing financial services infrastructure as the interconnected nature of digital transactions elevates the risk exposure for consumers and businesses around the world.

Launch The Hackathon

At the end of hackathons, there are usually a series of demonstrations in which each group presents their results. People often post a video of the demonstrations, blog about results with screenshots and details. We generally make it possible for people to share, learn from and possibly build from the ideas generated and initial work completed.

 

The Challenge

This hackathon tackles the ever-evolving landscape of cybersecurity threats within the financial services
industry.

The financial services sector faces a relentless barrage of cyberattacks. Your mission, should you choose
to accept it, is to develop innovative solutions for the following trending cybersecurity challenges:

  • Evolving Social Engineering: Design a user education program or gamified experience that empowers
    financial service employees and customers to identify and thwart social engineering attacks
    (phishing, smishing, vishing).
  • Insider Threats: Develop a system (AI-powered or otherwise) that utilizes real-time data and
    behavioral analysis to detect potential insider threats within financial institutions.
  • API Security Breaches: Create a solution that safeguards APIs used by financial institutions against
    unauthorized access and data breaches. (Optional: Integrate with RiskAct's AI to identify attack
    patterns and prioritize threats.)
  • Open Banking Security Concerns: Design a secure framework for open banking platforms that
    facilitates data sharing without compromising customer privacy and financial security.

 

The RiskAct Advantage: (Optional Power-Up!)

  • Participants have the option to leverage anonymized and aggregated cybersecurity statistics
    provided by RiskAct's AI engine. These statistics can offer insights on the gravity and severity of
    attacks by region, industry size, and line of business within the financial services sector.

 

How Will We Judge?

Judging Criteria

Here's how the Cybersecurity Hackathon participants will be judged:

  • Impact: The potential real-world impact of the solution on mitigating cybersecurity threats in
    the FinServ industry.
  • Innovation: The originality and creativity of the proposed solution.
  • Usability: The feasibility and ease of implementing the solution within a financial institution.
  • Presentation: The clarity and effectiveness of the team's presentation explaining their solution

 

Bonus Points:

  • Solutions that effectively integrate with RiskAct's AI statistics for threat analysis.
  • Open-source solutions with the potential for broader industry adoption.

 

Become a sponsor

Why sponsor?

  • Shape the Future: Empower students to enhance their problem-solving and technical skills, nurturing the next generation of innovators and potential talent.
  • Amplify Your Brand: Gain prominent exposure to a diverse audience of financial services, Cybersecurity professionals, and other industry experts. Your brand will be featured through extensive digital and offline channels, boosting your visibility.
  • Networking Opportunities: Connect with top talent, industry professionals, and academia, fostering potential partnerships and gaining valuable insights into emerging trends.

 

Make An Impact

Your sponsorship directly supports the financial services Industry, cybersecurity, and student growth, empowering them to create positive change through innovation.

 

How Much?

Level I (Overall Winner)

  • Cash Prize: $5,000
  • Mentorship Opportunity
  • Media Exposure
  • Networking Opportunities

Level II (Category Winner)

  • Cash Prize: $2,500
  • Expert Consultation
  • Industry Connections
  • Training or Workshops

Level III (Runner up)

  • Cash Prize: $500
  • Professional Development
  • Networking Opportunities