Bank of Maharashtra Launched FinSpark'26, National Level Cybersecurity Hackathon

Bank of Maharashtra Launched FinSpark'26, National Level Cybersecurity Hackathon

• Who: Bank of Maharashtra - Public Sector Bank.[BoM]
• What: FinSpark'26 - national-level cybersecurity hackathon, theme "Securing the Future of Banking".
• Target: Students and dropouts across India to develop real-world banking security solutions.
• Prize: > Rs 10 lakh prize pool. Top 20 teams showcase at Grand Finale at COEP Technological University, Pune + chance to demonstrate at Global FinTech Fest 2026.
• Organising Partners: Indian Banks' Association [IBA], Department of Financial Services [DFS], GoI, COEP Technological University.
• Focus Areas: Insider threat detection, privileged access misuse, AI-driven correlation of cybersecurity telemetry, transaction behaviour analysis, fraud prevention, proactive threat identification.
• Registration: Individual or group max 4 members. Select problem statement, develop prototype. Evaluation based on business potential, security, uniqueness, UX, scalability, ease of development.
• UPSC Relevance: GS3 - Cybersecurity, Banking, FinTech, Skill Development.