Blockchain Patent Granted to Cybersecurity Company Owned by U.S. Defense Contractor
April 21, 2019 / Adrian Zmudzinski
Documents published by the United States Patent and Trademark Office (USPTO) on April 16 reveal that Texas-based cybersecurity company Forcepoint has been awarded a blockchain-related patent. Forcepoint is owned by U.S. defense contractor Raytheon and private equity firm Vista Equity Partners, and Crunchbase estimates its yearly revenue to be $600 million. The system described in the patent appears to be a complex user behavior monitoring and management system. The system would aim to store data about electronically-observable user interactions and then use this data to identify known good, anomalous and malevolent user actions to enhance the system’s cybersecurity. Furthermore, the patent also provides the possibility of storing user behavior data on the blockchain directly, noting that advantages of the solution are immutability and tamper-evident.