System and method for identifying a point of compromise in a payment transaction processing system

US8473415B2 · kind B2 · utility

Inventors

• Kevin Siegel · Milpitas, US
• Randi Annette Paynter · San Mateo, US
• Robert L. Grossman · River Forest, US
• Christopher Brown · Oakland, US
• Charles Raymond Byce · Mill Valley, US
• Thomas Dwyer · Sunnyvale, US
• Aoyu Chen · San Jose, US

Key dates

• Filing date: May 3, 2011
• Grant date: Jun 25, 2013
• Expiry date: May 3, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/40
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system, apparatus, and method for reducing fraud in payment transactions by identifying a potential point of compromise (POC) that may lead to subsequent fraudulent transactions, or confirming that a suspected point of compromise is in fact responsible for a security breach leading to fraudulent payment transactions. The invention is also directed to a system, apparatus, and method for identifying data or transaction characteristics that may be used to most effectively identify a point of compromise in a payment transaction system.