Invention Grant
- Patent Title: Digital asset based cyber risk algorithmic engine, integrated cyber risk methodology and automated cyber risk management system
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Application No.: US16822231Application Date: 2020-03-18
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Publication No.: US11924237B2Publication Date: 2024-03-05
- Inventor: Maryellen Evans
- Applicant: RiskQ, Inc.
- Applicant Address: US NY Bainbridge
- Assignee: RiskQ, Inc.
- Current Assignee: RiskQ, Inc.
- Current Assignee Address: US NY Bainbridge
- Agency: Law Office of Scott P. Zimmerman. PLLC
- Main IPC: H04L29/06
- IPC: H04L29/06 ; G06Q40/08 ; H04L9/40

Abstract:
We are in a digital revolution. Over 85% of an organization's value is in digital form. Digital assets are systems, processes, data and technologies. Cyber exposures are quantified and cyber risks are scored. A graphical user interface visualizes a cyber-risk engine that quantifies cyber risk in alignment to how insurance companies pay claims, using flexible and multiple cyber risk algorithms that are prescribed in relationship to a customer's risk requirements. Digital asset cyber risk ratings are measured to increase cyber resiliency. A cyber risk management platform automates business processes across each cybersecurity function that provides data from near-real time cybersecurity tools for participants to reduce cyber risk back to acceptable risk tolerances and improve cyber resiliency.
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