Third-Party Data Explorer for Cybersecurity Monitoring

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Solution Overview

Problem

Current cybersecurity monitoring architectures and software are limited in their ability to effectively collect, store, and analyze third-party entity activity data, leading to inadequate identification of cybersecurity vulnerabilities and increased risk of cyber threats.

Innovation Solution

A third-party data management system that processes and correlates third-party activity data to an entity profile, utilizing a cybersecurity correlation and analytics computing system to monitor and track third-party activity in real-time, enhancing the detection and prevention of cyber threats.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of information

If existing cybersecurity monitoring architectures are used, then monitoring of network, infrastructure, and application data is performed, but insights into third-party entity security vulnerabilities are limited

Engineering Contradiction:
Improvesecurity vulnerability insightsVSAvoidthird-party entity monitoring capability
Core Design Contradiction:
Loss of informationVSAdaptability or versatility

Solution Approach 1:

The system extends monitoring capabilities to multiple data planes (network, infrastructure, application, and third-party entity activity) by implementing a universal monitoring architecture that can collect and analyze diverse data types from various sources including social media, news feeds, and threat intelligence feeds, enabling comprehensive security vulnerability detection across all planes

Inventive Principle:
Principle #6Universality (Multi-functionality)

Solution Approach 2:

The monitoring architecture is segmented into distinct data plane collectors and a unified correlation engine, allowing independent collection of third-party entity activity data while maintaining centralized analysis and correlation with entity profiles for comprehensive vulnerability assessment

Inventive Principle:
Principle #1Segmentation

2Reliability

If third-party entity activity data is not efficiently collected and stored, then system complexity is reduced, but ability to identify third-party risks is prevented

Engineering Contradiction:
Improvethird-party risk identificationVSAvoiddata collection and storage system
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The system introduces an intermediary entity profile database that mediates between third-party entity activity data collection and risk analysis, storing structured entity profiles that aggregate information from multiple sources and enable efficient risk identification without requiring complex real-time processing of all raw data

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system performs preliminary actions by pre-collecting and structuring third-party entity activity data into organized entity profiles before risk analysis is needed, including pre-processing of social media, news, and threat intelligence data into standardized formats that facilitate rapid risk identification when required

Inventive Principle:
Principle #10Preliminary action

3Measurement precision

If real-time monitoring of third-party activity is implemented, then cybersecurity detection capability is improved, but resource consumption increases

Engineering Contradiction:
Improvecybersecurity threat detectionVSAvoidcomputational resource consumption
Core Design Contradiction:
Measurement precisionVSUse of energy by moving object

Solution Approach 1:

The system applies partial monitoring by focusing computational resources on entity profiles identified as high-risk or showing anomalous activity patterns, rather than uniformly processing all third-party entity data in real-time, thus achieving effective threat detection while reducing overall resource consumption

Inventive Principle:
Principle #16Partial or excessive action

Solution Approach 2:

The system implements feedback mechanisms where risk analysis results and threat detection outcomes feed back into the monitoring process, dynamically adjusting which entity profiles receive intensified real-time monitoring based on their risk levels, thereby optimizing resource allocation between detection precision and computational cost

Inventive Principle:
Principle #23Feedback

Data Source

PatentUS20240430267A13rd party data explorer
Publication Date: 2024.12.26 WELLS FARGO BANK NA
  • US20240430267A1 patent drawing
  • US20240430267A1 patent drawing
  • US20240430267A1 patent drawing

AI summary

Systems and methods for managing third party data are provided. A third party data management system includes a processing circuit. The processing circuit is configured to receive first third party activity data from a source computing system and via a cybersecurity correlation and analytics computing system, determine a computing entity external to the third party data management system associated with the third party activity data based on at least one item extracted from the first third party activity data, periodically monitor third party activity associated with the computing entity, comprising operations to collect second third party activity data, and correlate the monitored second third party activity data to an entity profile.