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PNB Launches Its First 'Cybersecurity Hackathon 2024-25' to Tackle Malware Threats.

Banking & Finance | Dated: 16 Jan 2025

In January 2025, Punjab National Bank (PNB), based in Mumbai (Maharashtra), launched its first-ever 'Cybersecurity Hackathon 2024-25' with the theme "Code Against Malware." This hackathon is designed to address the growing threat of malware by inviting innovators, researchers, and academicians from across India to participate.

🎯 Key Highlights:

  • - The goal is to enhance the country’s cybersecurity in the banking sector by creating advanced solutions to detect, reduce, and prevent malware attacks.
  • - The hackathon is being organized under the Ministry of Finance (MoF) and follows a directive from the Department of Financial Services (DFS) for Public Sector Banks (PSBs) to hold annual hackathons, which was issued on December 9, 2024.

💡 Other Important Facts:

  • (i) The focus of the hackathon will be on key areas like malware detection and removal powered by intelligence, real-time monitoring and mitigation of threats, ransomware protection solutions, next-generation antivirus tools, and managing attack surfaces.
  • (ii) The competition is open to students, researchers, and academicians, either as individuals or in teams.
  • (iii) The winners will receive prizes worth up to Rs 11 lakhs and will also have the chance to implement their solutions in live environments with PNB.

📚 Test Your Knowledge:

Which bank recently launched its first 'Cybersecurity Hackathon 2024-25' to tackle malware threats?

Correct Answer: Punjab National Bank

🚀 Quick Recap:

About PNB

  • CEO : Atul Kumar Goel
  • Headquarters : New Delhi