The Canadian Bankers Association (CBA) launched the CBA Cyber Security Challenge on Jan. 13. The competition is for eligible students from universities and colleges in Canada, including alumni who have graduated within the last two years. Participants are invited to develop new ideas on how banks in Canada can help address key cyber-related issues facing the banking industry.

Finalists will get the opportunity to prototype and pitch their innovative solutions to a panel of judges from the participating banks. Applications will be accepted until March 1, 2020, and the final two-day event will take place in Toronto on May 16 and 17, 2020.

"The CBA Cyber Security Challenge will harness the burgeoning expertise of Canada's future workforce across diverse perspectives and skill sets," says Neil Parmenter, President and CEO, Canadian Bankers Association. "We're excited to see what bold ideas students will bring to the banking industry."

The Cyber Challenge, created in partnership with BMO Financial Group, CIBC, RBC, Scotiabank and TD Bank Group, will take place over a five-month period.

For more information on the Cyber Security Challenge, visit http://bit.ly/CBAChallenge.