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 generates client information accessible via a web 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.

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 February 2024 was 59%. Grant share is based on the ratio of number of grants to total number of patents.

Cybersecurity risk assessment system for computer networks

Source: United States Patent and Trademark Office (USPTO). Credit: American International Group Inc (AIG)

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 generating risk score trend data. Additionally, the method includes analyzing operational characteristics modified by a configuration file to forecast cybersecurity controls, monitoring data feeds for threat alerts, and transmitting risk scores to a client portal. The risk model incorporates modules for threat likelihood, business impact, and control effectiveness, allowing for a comprehensive evaluation of cybersecurity risks.

Furthermore, the patent describes a system that includes a processor and memory storing instructions for executing the method outlined above. The system is designed to receive input data on network characteristics, determine cybersecurity risk parameters using a risk model, generate risk score trend data, and monitor data feeds for threat alerts. Notably, the system is configured to implement proactive measures in response to threat alerts, showcasing a dynamic approach to cybersecurity risk management. Overall, the patented method and system offer a structured and comprehensive framework for assessing and mitigating cybersecurity risks in computer networks, providing valuable insights for enhancing network security and resilience.

To know more about GlobalData’s detailed insights on American International Group Inc (AIG), buy the report here.

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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.