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Mastercard's RiskRecon provides continuous third-party cybersecurity risk assessments and monitoring through automated scanning and risk prioritization capabilities.
About
RiskRecon, now part of Mastercard's cybersecurity portfolio, serves as a comprehensive third-party risk management platform designed to address the growing challenges of vendor and supply chain security. The platform delivers continuous cybersecurity assessments of external partners, suppliers, and vendors through automated scanning and risk analysis capabilities.
The solution employs non-intrusive external scanning techniques to evaluate the security posture of third-party organizations without requiring direct access to their systems. RiskRecon's assessment methodology covers multiple security domains including network security, web application security, email security, and DNS hygiene. The platform generates detailed risk scores and prioritized findings that help organizations understand their exposure through business relationships.
A key differentiator lies in RiskRecon's ability to provide continuous monitoring rather than point-in-time assessments. The platform automatically updates risk profiles as security conditions change, enabling organizations to maintain current visibility into their third-party risk landscape. Integration with Mastercard's broader security ecosystem enhances the platform's threat intelligence capabilities and global risk perspective.
Organizations across various industries utilize RiskRecon to manage vendor risk programs, conduct due diligence assessments, and meet regulatory compliance requirements. Financial services institutions, healthcare organizations, and technology companies leverage the platform to assess everything from small software vendors to large enterprise partners. The solution supports both initial vendor onboarding processes and ongoing relationship management.
RiskRecon addresses the critical challenge of third-party risk management in an interconnected business environment where organizations rely heavily on external partnerships. The platform's automated approach helps security teams scale their vendor risk programs without proportionally increasing manual assessment workloads. As part of Mastercard's security offerings, RiskRecon benefits from enhanced threat intelligence and global security insights, positioning it as a significant player in the enterprise third-party risk management market.