US Patent Issued to Bank of America on July 29 for "Controlling ATM surface attacks leveraging decentralized swarm intelligence using ATMS" (Indian Inventors)

ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,839, issued on July 29, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Controlling ATM surface attacks leveraging decentralized swarm intelligence using ATMS" was invented by Shailendra Singh (Maharashtra, India) and Maneesh Kumar Sethia (Hyderabad, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A decentralized swarm intelligence algorithm over a network of paired ATMs to prevent or control surface attacks on ATMs. The ATMs may be seeded with an initial swarm intelligence model to identify suspicious activity. An ATM may relay alerts about suspicious activity at that ATM to other paired ATMs. The ATMs use machine learning to update ...