18071210. SYSTEM AND METHODS FOR AUTOMATIC ADJUSTMENT OF DATA SYNDICATIONS VIA IDENTIFICATION OF TECHNICALLY UNAUTHORIZED DATA-DISTRIBUTION simplified abstract (Bank of America Corporation)

SYSTEM AND METHODS FOR AUTOMATIC ADJUSTMENT OF DATA SYNDICATIONS VIA IDENTIFICATION OF TECHNICALLY UNAUTHORIZED DATA-DISTRIBUTION

Organization Name

Bank of America Corporation

Inventor(s)

Naga Vamsi Krishna Akkapeddi of Charlotte NC (US)

Lavanya Sambaraju of Hyderabad (IN)

SYSTEM AND METHODS FOR AUTOMATIC ADJUSTMENT OF DATA SYNDICATIONS VIA IDENTIFICATION OF TECHNICALLY UNAUTHORIZED DATA-DISTRIBUTION - A simplified explanation of the abstract

This abstract first appeared for US patent application 18071210 titled 'SYSTEM AND METHODS FOR AUTOMATIC ADJUSTMENT OF DATA SYNDICATIONS VIA IDENTIFICATION OF TECHNICALLY UNAUTHORIZED DATA-DISTRIBUTION

Simplified Explanation

The patent application describes a system for adjusting data syndications by managing data feed subscriptions and authorization keys for downstream systems.

• The system receives a request for data feed subscription, generates a response requesting authorization credentials, and transmits the response to the downstream system.
• It then receives authorization credentials and data element usage rationale, generates an authorization key and data feed subscription validity period, and monitors incoming data requests to adjust the authorization key or subscription validity period based on usage frequency.

Potential Applications

This technology could be applied in data management systems, API security systems, and subscription-based data services.

Problems Solved

1. Efficient management of data syndications and authorization keys. 2. Ensuring secure access to data elements by downstream systems.

Benefits

1. Improved data security and access control. 2. Automated adjustment of authorization keys based on usage frequency. 3. Streamlined data syndication processes.

Potential Commercial Applications

Optimizing data sharing processes in industries such as finance, healthcare, and e-commerce.

Possible Prior Art

Prior art in API management systems, data access control systems, and subscription management systems may exist.

How does this system handle data privacy regulations such as GDPR compliance?

The system may need to incorporate features for data anonymization or user consent management to ensure compliance with regulations.

What measures are in place to prevent unauthorized access to the data elements by malicious actors?

The system may include encryption protocols, access control mechanisms, and monitoring tools to detect and prevent unauthorized access attempts.

Original Abstract Submitted

Systems, computer program products, and methods are described herein for adjustment of data syndications. The present disclosure is configured to receive a request for data feed subscription from a first downstream system; generate a response requesting one or more authorization credentials or data element usage rationale; transmit the response to the first downstream system; receive authorization credentials and data element usage rationale from the first downstream system; generate an authorization key and data feed subscription validity period for the first downstream system to access a set of data elements via a secure application programming interface (API); continually monitor incoming data requests from the first downstream system and one or more additional downstream systems for the authorization key and determine usage frequency of the authorization key; and automatically adjust the authorization key or data feed subscription validity period based on determined usage frequency of the authorization key.