Swift Institute launches data protection challenge Down Under
The Swift Institute has launched its third annual student challenge focusing on data protection in Australia.
Aimed at challenging students in all levels of further education, it wants young scholars to come up with solutions in the financial sector.
The 2018 competition will address the issue of data privacy in an open API, specifically, how to keep personal information safe. The challenge is available to any recognised university or further educational establishment based in Australia.
Peter Ware, director of the Swift Institute, says: “The issue of how to keep personal information safe in an open environment is increasingly a question that banks are trying to tackle as open banking becomes more prevalent.”
Entrants will be required to identify a solution that would help secure personal information in an open environment. Applicants must submit a written report of no more than 1,000 words and will be judged by financial industry practitioners.
The top eight applicants will be announced in July 2018 with the final presentations taking place on 24 October 2018 at Sibos in Sydney.
The Swift Institute says applicants will be judged on the attributes of their solutions, and their practical application to the banking sector and its customers.
It will support each of the eight finalists with presentation coaching ahead of the showcase. The winning concept will receive a cheque for AU$30,000 ($23,500).
To enter the challenge, or to find out more information, click here.