Inventors:
Marshell L. Hill - Flower Mound TX, US
Tianay Carroll - Coppell TX, US
Johnna Carter - Richardson TX, US
Chris Higgins - Charlotte NC, US
Chad Renfro - Dalls TX, US
Dan Yomine - Trophy Club TX, US
Assignee:
Bank of America Corporation - Charlotte NC
International Classification:
G06F 11/00
H04L 9/32
US Classification:
726 25, 726 26, 726 27, 726 28, 726 29, 726 30, 713187, 713188, 713189, 713190
Abstract:
Embodiments of the present invention are directed to methods, systems and computer program products for a control transparency framework which is, in one embodiment, a transparent (i. e. easy to understand) and actionable risk/reward approach for organizational processes, controls, training and development. The control transparency framework method includes identifying threats to an organization, developing a risk score for each of the threats to develop a threat portfolio, developing a maturity portfolio, developing a control portfolio, determining a gap portfolio, and developing a control transparency portfolio to close gaps. A gap exists between a target state maturity level of each identified threat and a current maturity level of each control assigned to handle each identified threat, such that the gap occurs if the target state maturity level is at a level that is lower than the control maturity level.