US Patent Issued to International Business Machines on May 6 for "Risk clustering and segmentation" (Maryland, New Jersey, District Of Columbia, Massachusetts, Pennsylvania Inventors)

ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,377, issued on May 6, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Risk clustering and segmentation" was invented by Christopher Sidler (Bethesda, Md.), Raymond Strecker (Jersey City, N.J.), Michael A Dawson (Washington), Sankar Virdhagriswaran (Boxborough, Mass.) and Jon E Elvin (Gibsonia, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Monitoring transaction activity for system requests for a set of entities authorized to request services of a system is described. Entities with high feature values for respective features of the set of activity based features are identified to produce a set of outlier entities. The outl...