US Patent Issued to PAYPAL on July 14 for "Systems and methods for location-based device security" (California Inventors)

ALEXANDRIA, Va., July 14 -- United States Patent no. 12,683,942, issued on July 14, was assigned to PAYPAL INC. (San Jose, Calif.).

"Systems and methods for location-based device security" was invented by Nate L. Lyman (Livermore, Calif.), Roy L. Camp (Cupertino, Calif.), Eric J. Farraro (San Jose, Calif.) and John R. Tapley (San Jose, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A device may collect environmental information surrounding the device. Based on the collected environmental information, the device may automatically identify a potentially secured location that has lower security risk. When a potentially secured location is identified, the device may prompt the user to setup a security pro...