18470638. SYSTEMS AND METHODS FOR RISK MANAGEMENT (MICROSOFT TECHNOLOGY LICENSING, LLC)
SYSTEMS AND METHODS FOR RISK MANAGEMENT
Organization Name
MICROSOFT TECHNOLOGY LICENSING, LLC
Inventor(s)
Kirk Frank Russell of Fort Collins CO US
SYSTEMS AND METHODS FOR RISK MANAGEMENT
This abstract first appeared for US patent application 18470638 titled 'SYSTEMS AND METHODS FOR RISK MANAGEMENT
Original Abstract Submitted
A computing system is provided for risk management. The computing system includes processing circuitry configured to receive input of a control opportunity score, a numerical status score, and one or a plurality of risk impact values for a respective plurality of target objectives for a given risk, calculate a residual risk value for the given risk based on the control opportunity score and an inherent risk value, calculate a relative risk value for the given risk based on the residual risk value, the numerical status score, and the one or the plurality of risk impact values, generate a prompt including the relative risk value and a description of the given risk, input the prompt into a generative model to generate a recommendation for mitigating the given risk, and output the recommendation generated by the generative model.
