The Information Technology Foundation for Education (HITSA) and LHV have selected the best theses in the field of information and communication technology; the authors of which will be awarded LHV Bank Scholarships. This year’s scholarship winners are Liisi Soots and Viktor Reinok, recent graduates from the Tallinn University of Technology.
LHV Bank Scholarship is designed to encourage students to use their
skills and knowledge outside of the ICT sector and to reward the
graduates from Estonian universities whose theses contribute to the
development of the Estonian financial sector or another sector of the
In the category of professional
higher education and Bachelor’s theses, the selection board decided to
award a scholarship of 1,500 euros to Liisi Soots, a Business Management
graduate from Tallinn University of Technology, for her thesis ‘Finding
Fraudulent Users Through IP Address Changes Using Machine Learning’.
According to the selection board, fraud detection, which is becoming
increasingly complicated and requires the implementation of new
technologies, is a very important issue in the financial sector. Machine
Learning, however, is an increasingly widespread approach to detecting
fraud and increasing security. Different Machine Learning algorithms
tested within the framework of the thesis give some indication of ways
of detecting various cyber fraud schemes.
In the category of
Master's theses, a scholarship of 3,000 euros is awarded to Viktor
Reinok, an Informatics graduate from Tallinn University of Technology,
for his thesis “A Framework for Empirical Evaluation of Java Application
Performance”. The performance of IT systems is vital for each
organisation offering its services through virtual channels. The
selection board noted that the framework created by the author would
facilitate the detection of problems at an early stage of development,
which would help to save system maintenance and development costs and is
an alternative to expensive ready-made software solutions.
LHV Bank Scholarship programme is funded by AS LHV Pank; the award
process is coordinated by the Information Technology Foundation for