Toronto-Dominion Bank had 33 patents in cybersecurity during Q2 2024. The Toronto-Dominion Bank filed patents related to threat detection systems adjusting risk scores based on actual threat data, adding indicator of compromise intelligence to security systems, refining aggregate risk scores for objects in a networked environment, and providing multi-channel authentication for data transfers and user access. These patents aim to enhance security measures and authentication processes within the bank’s systems. GlobalData’s report on Toronto-Dominion Bank gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Toronto-Dominion Bank had no grants in cybersecurity as a theme in Q2 2024.
Recent Patents
Application: Threat detection and mitigation in a networked environment (Patent ID: US20240193268A1)
The patent filed by The Toronto-Dominion Bank describes a computer-implemented method for threat detection in a networked environment. The method involves determining if an object poses a threat based on a risk score, receiving actual threat data to adjust the risk score, computing a counter based on prior incorrect identifications, identifying a counterweight, downscaling the risk score using the counterweight, and controlling access to system resources based on the updated risk score.
The system described in the patent includes a threat detection system, memory storing instructions, and a hardware processor. The system performs operations such as determining threat levels, adjusting risk scores based on actual threat data, computing counters for incorrect identifications, identifying counterweights, downscaling risk scores, and controlling access to system resources based on predetermined risk thresholds. The system also includes features for incrementing counters, scaling values, generating dynamic or static counterweights, and resetting counters after identification. Overall, the patent outlines a method and system for effectively managing and responding to potential threats in a networked environment based on dynamic risk assessments.
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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.
