Bank of America Corporation

Johnna Carter

Tianay Carroll

Marshell L Hill

Chad Renfro

Ajay Barve

Geoffrey George Aslaksen

Chris Higgins

Dan Yomine

Bradley P Welch

Daniel Yomine

Dennis Aligno

Christofer Hoff

Arrangements for dynamic system control evaluation and issue identification and mitigation are provided. In some examples, data may be received from a plurality of sources. The data may be received in batches at predetermined intervals or time periods, and/or as streaming data. In some examples, a first system control may be identified and a first system control value may be determined for the first system control. A plurality of threshold ranges associated with the first system control may be identified and the first system control value may be compared to the plurality of threshold ranges. Based on the comparing, the first system control value may be mapped to an objective score on a cyber health scale. The objective score may then be evaluated to determine whether an issue is occurring or is likely to occur. If so, one or more mitigation actions may be identified and implemented.

Dynamically monitoring system controls to identify and mitigate issues

Embodiments of the present invention are directed to methods, systems and computer program products for a control transparency framework which is, in one embodiment, a transparent (i.e. easy to understand) and actionable risk/reward approach for organizational processes, controls, training and development. The control transparency framework method includes identifying threats to an organization, developing a risk score for each of the threats to develop a threat portfolio, developing a maturity portfolio, developing a control portfolio, determining a gap portfolio, and developing a control transparency portfolio to close gaps. A gap exists between a target state maturity level of each identified threat and a current maturity level of each control assigned to handle each identified threat, such that the gap occurs if the target state maturity level is at a level that is lower than the control maturity level.

Control transparency framework

A control automation tool ('CAT') is configured for supporting discrete management of controls and their corresponding metrics. The control automation tool includes a software application connected with, stored on, and executed by one or more relational, closed-loop data repositories and computer systems. The use and maturation of a control within an organization depends on management of operational performance and expenses, which the CAT assists through lean project management, effective implementation of action plans and financial functions. Further, people resources, organizational hierarchy and access management functions are used to support mapping of controls arranged by organizational unit and support access permissions that are consistent with appropriate data management. The CAT also provides transparency and meaning to control and metric status and relevant data regarding controls and their associated metrics and is configured for ease of control and metric management via the CAT interface.

Control automation tool

Growing community of inventors

Richardson, TX, United States of America

Johnna Carter