Chennai, Feb. 8 -- Indian Overseas Bank (IOB) on Saturday signed a Memorandum of Understanding (MoU) with B.S. Abdur Rahman Crescent Institute of Science and Technology (Deemed University) to conduct a Cybersecurity Hackathon, aimed at fostering innovation in the banking and financial sectors.

This initiative aligns with the broader vision of the Union Ministry of Finance, Department of Financial Services (DFS), to promote technological advancements and entrepreneurship in banking.

The bank has also partnered with M/s. Ernst and Young (E&Y) as the knowledge partner, ensuring that the hackathon provides participants with expert guidance and industry insights.

The Cybersecurity Hackathon will focus on addressing critical problem sta...