US Patent Issued to Bank of America on Feb. 17 for "System and method for determining and preventing malfeasant activity in a private distributed network" (American, Indian Inventors)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,556,578, issued on Feb. 17, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for determining and preventing malfeasant activity in a private distributed network" was invented by George Anthony Albero (Charlotte, N.C.), Maharaj Mukherjee (Poughkeepsie, N.Y.) and Prashant Thakur (Gujarat, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, computer program products, and methods for determining and preventing malfeasant activity in a private distributed network. The method includes generating one or more executed data transfer records for each of one or more executed data transfers across a distributed network. Each of ...