ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,756,735, issued on Oct. 6, was assigned to TRUIST BANK (Charlotte, N.C.).

"Cybersecurity risk calculation and reporting model" was invented by Brian Matthew White (Mint Hill, N.C.) and Ian Lassonde (Cornelius, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A cybersecurity risk reporting methodology for a bank's computer systems which includes a cybersecurity risk level calculation model. For each of the bank's organizational groups, the model is run on a periodic basis to calculate the cybersecurity risk level. Inputs to the calculation model include cybersecurity vulnerabilities and severities for each of the organizational group's applications and...