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Smarter Risk Decisions, Tailored to You

RiskRecon, a Mastercard company, is the only continuous security monitoring solution that delivers risk-prioritised action plans custom-tuned to match an organisation’s risk priorities. RiskRecon provides the world’s easiest path to understanding and acting on third-party cyber risk, enabling security and risk teams to efficiently build scalable, third-party risk management programs for dramatically better risk outcomes.

For more information please visit, RiskRecon.com

AJC-fraud

The Growing Importance of Third-Party Risk Management

3x

Companies rated a “C” have a 3x higher frequency of breaches than those rated “A”.

67%

67% increase in security breaches over the last five years.

50%

Over 50% of companies have experienced a third-party breach, yet only 16% can mitigate those risks.

RiskRecon Key Features:

Comprehensive Security Reports

RiskRecon continuously collects and analyses publicly available security information about your vendors and partners, building a detailed picture of their digital footprint. This allows you to gain clear, ongoing visibility into their external security posture, from exposed services to outdated software and misconfigurations.

Risk-Prioritised Ratings

Not all risks carry the same weight. RiskRecon prioritises issues based on both the severity of the vulnerability and the value of the systems affected. This ensures your team can focus on the risks that matter most, helping you respond efficiently and allocate resources where they’ll have the greatest impact.

Data Accuracy

RiskRecon’s findings are certified to be 99.1% accurate, combining the speed and scale of machine learning automation with expert oversight from human analysts. This dual approach ensures that the data you rely on is not only comprehensive but consistently reliable – giving you confidence in every assessment and action taken.

Customised for your organisation

RiskRecon aligns its recommendations with your organisation’s own risk policy thresholds, producing tailored action plans that prioritise remediation efforts based on what matters most to your business. These plans provide clear guidance on which issues to address, and in what order, helping teams focus resources effectively. Users have full access to the underlying data behind each finding, ensuring complete transparency and enabling informed, confident decision-making.

How RiskRecon Determines Cyber Risk Scores

The cyber risk score is based on over 36 evaluation criteria spanning 9 critical security domains. These include system patching, network filtering, DNS security, web encryption, application behaviour, and data handling practices. Each domain provides insight into a different aspect of an organisation’s security posture, helping to identify weaknesses that could be exploited by threat actors. The criteria are continuously monitored and updated, ensuring the score reflects current, real-world cyber hygiene.

Use Cases

RiskRecon supports a range of critical use cases, helping organisations gain visibility, assess exposure, and take informed action across the following areas

  • Third-Party Risk Management
  • Enterprise Risk Management
  • Mergers & Acquisitions

Example case study

RiskRecon helps global financial institution automate cyber risk assessments of third-party service providers

Context & Challenge

A large global financial institution had significant resource constraints assessing third-party service provider cyber risk. Every full-time employee within the risk management team was only able to assess a few dozen third-party service providers each year due to the complexity of the cyber risk monitoring process.

Approach

RiskRecon automated third-party service provider cyber risk assessment, enabling minimal manual intervention to reduce the strain on the financial institution’s resources.

Results

10,000+ third-party service providers monitored with minimal manual intervention

Process changes after RiskRecon’s assessment:

  • Assigned risk categorisations and priorities to different third-party providers
  • Actions taken after assessing accurate data
  • Third-party service provider risk tracked when new cyber threats surface
  • Minimal manual involvement in cyber risk monitoring

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