The Boston Consulting Group, Inc. (20240249231). Optimizing Cyber Security Projects simplified abstract

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Optimizing Cyber Security Projects

Organization Name

The Boston Consulting Group, Inc.

Inventor(s)

Ernesto Robles of New York NY (US)

Michael Coden of Riverdale NY (US)

Russell Schaefer of Arlington VA (US)

Optimizing Cyber Security Projects - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240249231 titled 'Optimizing Cyber Security Projects

The patent application describes systems and methods for optimizing cyber security projects by identifying and selecting a subset of projects that optimize expected loss reduction from cyber security threats using an optimization programming algorithm.

  • The method involves identifying cyber security projects aimed at protecting entity assets.
  • An optimization engine with an evolutionary algorithm is used to solve the optimization problem and identify project synergies.
  • The goal is to select a subset of projects that maximize expected loss reduction from cyber security threats.

Potential Applications: - Enhancing overall cyber security posture of organizations. - Improving efficiency and effectiveness of cyber security projects. - Reducing potential financial losses due to cyber security incidents.

Problems Solved: - Difficulty in prioritizing and selecting cyber security projects. - Lack of a systematic approach to optimize cyber security efforts. - Inefficient allocation of resources in cyber security projects.

Benefits: - Enhanced protection of entity assets from cyber security threats. - Improved decision-making in cyber security project selection. - Cost-effective allocation of resources for cyber security initiatives.

Commercial Applications: Optimizing cyber security projects can benefit a wide range of industries, including finance, healthcare, government, and technology sectors. This technology can be utilized by organizations of all sizes to strengthen their cyber security defenses and mitigate potential risks.

Questions about Cyber Security Optimization: 1. How does the use of an evolutionary algorithm improve the selection of cyber security projects? 2. What are the key factors considered in identifying project synergies for optimizing expected loss reduction in cyber security projects?


Original Abstract Submitted

systems and methods for optimizing cyber security projects. a method may include identifying cyber security related projects used to protect entity assets; and solving an optimization programming problem algorithm, using an optimization engine comprising an evolutionary algorithm, to identify project synergies to select a subset of cyber security related projects that optimize expected loss reduction from cyber security related threat.

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