ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,513,061, issued on Dec. 30, was assigned to JPMorgan Chase Bank N.A. (New York).

"Operational risk management of it assets and systems" was invented by David Gabriel Algorry (Caba, Argentina), Kostis Gourgoulias (London), Sean Moran (London), William Joel Guest (Conroe, Texas), Bruce Peikon (East Northport, N.Y.) and Srinivas Kati (Lewis Center, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "A risk classification processing circuit is configured to classify one or more subsets of network elements forming a given managed information technology network. The classification is based on weight values associated with respective ones of a set of classific...