AIG’s patent involves systems and methods for assessing cybersecurity risk in computer networks. The technology uses a risk model to calculate initial and updated cyber risk scores based on actual data. The system also generates client information accessible through a web-based portal and can actively monitor for cybersecurity threats. GlobalData’s report on American International Group Inc (AIG) gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on American International Group Inc (AIG), Digital lending was a key innovation area identified from patents. American International Group Inc (AIG)'s grant share as of April 2024 was 43%. Grant share is based on the ratio of number of grants to total number of patents.
Cybersecurity risk assessment system for computer networks
A recently granted patent (Publication Number: US11909757B2) outlines a method for assessing cybersecurity risks in a computer network. The method involves receiving input data on operational characteristics of the network at different times, using a risk model to determine cybersecurity risk parameters based on this data, and translating the data into the risk model using application program interfaces (APIs). Additionally, the method includes analyzing operational characteristics modified by a configuration file to forecast cybersecurity controls, generating risk score trend data, and monitoring data feeds for threat alerts. The patent also details determining threat likelihood, business impact, and control effectiveness values to calculate residual risk scores, updating these scores, and transmitting relevant information to a client portal.
Furthermore, the patent describes a system that includes a processor and memory with instructions to execute operations related to assessing cybersecurity risks in a computer network. These operations involve receiving input data on operational characteristics, determining cybersecurity risk parameters using a risk model, generating risk score trend data, and monitoring data feeds for threat alerts. The system is designed to implement proactive measures to reduce threats upon receiving alerts. Overall, the patent provides a comprehensive method and system for evaluating cybersecurity risks in a network, incorporating various factors such as threat intelligence, control effectiveness, and business impact to generate risk scores and ensure proactive threat mitigation strategies are in place.
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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.
