US Patent Issued to Truist Bank on May 12 for "Determining relative risk in a network system" (North Carolina Inventors)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,626,206, issued on May 12, was assigned to Truist Bank (Charlotte, N.C.).

"Determining relative risk in a network system" was invented by Jason C. Sheppard (Wilson, N.C.) and Jennifer Dick (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Relative risk in a network system can be determined according to some examples. For example, a computing system can determine a hierarchy of groupings for risk factors within a network based on risk data associated with the risk factors. The computing system can determine associations between the risk data and the risk controls. Each risk control can represent an amount of control for reducing riskiness of...