diff --git a/boi_hackathon/README.md b/boi_hackathon/README.md
new file mode 100644
index 0000000..01c44e2
--- /dev/null
+++ b/boi_hackathon/README.md
@@ -0,0 +1,15 @@
+# BOI CyberSecurity Hackathon 
+
+## Problem Statement
+```txt 
+Developing a solution having AI/ML capabilities for detecting suspicious transactions 
+and mule accounts by ingesting financial transactions 
+and/or fraud monitoring solution alerts 
+and/or Transaction monitoring system alerts 
+and govt cyber fraud alerts/tickets 
+and preventing circulation of fraudulent proceeds 
+through mule accounts. 
+This solution should consume real-time regulatory inputs/ feeds and cross-channel bank data.
+```
+
+