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Computer implemented systems and methods for assessing operational risks and mitigating operational risks associated with using a third party software component in a software application

  • US 10,528,741 B1
  • Filed: 07/13/2016
  • Issued: 01/07/2020
  • Est. Priority Date: 07/13/2016
  • Status: Active Grant
First Claim
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1. A method for automatically assessing operational risks and mitigating operational risks associated with using a software component in a software application,comprising:

  • accessing software components comprising the software application;

    responsive to accessing the software components, receiving software component characteristic information about each software component of the software components, including information about a characteristic of the software component that is related to an operational risk associated with using the software component in the software application, wherein the software component characteristic information comprises software currency information, software consistency information, software security information, software license type information and software version information;

    determining that a third party software component of the software components is approved for use in the software application based on the software component characteristic information;

    generating operational risk assessment information using one or more rules and based on the software component characteristic information;

    outputting the operational risk assessment information requiring that the third party software component be upgraded; and

    generating operational risk mitigation information based on the operational risk assessment information, and including information that prioritizes the third party software component for upgrade over at least another software component of the software components,wherein at least one step of the method is performed by a processor.

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