Bank of America had 28 patents in big data during Q2 2024. The Bank of America Corp filed patents in Q2 2024 for intelligent proactive identification and protection against malfeasant data collection, parallel data processing using photonic quantum computing, building a digital twin of a datacenter using edge-node computing, accessing web content using a modified web farm framework, and a client-server ecosystem for LiFi-powered transfer of large-scale data files. These patents focus on enhancing data security, processing efficiency, and data transfer capabilities. GlobalData’s report on Bank of America gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Bank of America had no grants in big data as a theme in Q2 2024.
Recent Patents
Application: System and methods for proactive protection against malfeasant data collection (Patent ID: US20240214403A1)
The patent filed by Bank of America Corp. describes a system, method, and computer program product for proactive identification and protection against unauthorized device control or account access. The system monitors network activity and user device communication data to identify requests for remote device control, implementing restrictions on network connectivity or service access in response. It also analyzes communications received by the user device and sends proactive alerts to the user device to notify them of potential threats. Additionally, the system can identify unauthorized access based on TCP/IP port numbers or unrecognized device or network addresses, and can automatically transmit exception requests to network administrators before removing restrictions.
Overall, the invention focuses on continuous data analysis to recognize patterns indicative of malfeasant data collection or unauthorized access, providing automated solutions to protect users. The system is designed to be proactive in identifying threats, implementing restrictions, and notifying users to ensure the security of their devices and accounts. By utilizing various communication channels and involving network administrators in exception requests, the system aims to efficiently and effectively safeguard against unauthorized device control or account access.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
