18234264. SYSTEMS AND METHODS FOR DATA SECURITY AND FRAUD PREVENTION IN COLLABORATIVE EDITING ENVIRONMENTS simplified abstract (Capital One Services, LLC)

SYSTEMS AND METHODS FOR DATA SECURITY AND FRAUD PREVENTION IN COLLABORATIVE EDITING ENVIRONMENTS

Organization Name

Capital One Services, LLC

Inventor(s)

Andrew Ricchuiti of Dallas TX (US)

Mark Morrison of Plano TX (US)

SYSTEMS AND METHODS FOR DATA SECURITY AND FRAUD PREVENTION IN COLLABORATIVE EDITING ENVIRONMENTS - A simplified explanation of the abstract

This abstract first appeared for US patent application 18234264 titled 'SYSTEMS AND METHODS FOR DATA SECURITY AND FRAUD PREVENTION IN COLLABORATIVE EDITING ENVIRONMENTS

Simplified Explanation

The patent application describes a data security and fraud prevention system that allows for the secure sharing of web forms containing private user data between different users.

• The system transmits a web form to a first device and receives first user private data associated with a first user.
• It creates a cache storage and unique identifier for the web form to prevent unauthorized access.
• The system encrypts the unique identifier and establishes a share session between the first device and a second device associated with a second user.
• It receives second user private data through the web form and masks it to prevent access by the first user.
• The system aggregates the first and second data to complete the web form securely.

Potential Applications

This technology could be applied in industries such as finance, healthcare, and legal services where sensitive data sharing between users is common.

Problems Solved

This system addresses the issue of unauthorized access to private user data when sharing web forms between different users, reducing the risk of data breaches and fraud.

Benefits

The system provides a secure way to share sensitive information between users, ensuring data privacy and confidentiality are maintained throughout the process.

Potential Commercial Applications

"Secure Data Sharing System for Sensitive Information: Enhancing User Privacy and Security"

Possible Prior Art

One possible prior art could be secure data sharing systems used in industries like banking and healthcare to protect sensitive information during transmission and storage.

How does the system handle data storage and retention policies for the shared web forms?

The patent application does not provide details on how long the shared web forms and associated data are stored, and if there are any retention policies in place to manage this data.

What encryption methods are used to secure the unique identifier and prevent unauthorized access?

The patent application does not specify the encryption algorithms or methods used to secure the unique identifier and protect it from unauthorized access.

Original Abstract Submitted

A data security and fraud prevention system is configured to transmit a web form to a first device, receive through the web form first data including first user private data associated with a first user, receive a request to share the web form with a second user, create a cache storage and an unique identifier associated with the web form, and mask the first user private data to prevent access to the first user private data by the second user. The data security and fraud prevention system is further configured to encrypt the unique identifier, generate a share session between the first device and a second device associated with the second user, receive through the web form second data including second user private data associated with the second user, mask the second user private data to prevent access to the second user private data by the first user, and aggregate the first data and the second data to complete the web form.