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Overview
RiskRecon software is a third-party risk management solution offering continuous, non-intrusive monitoring of vendor security posture. Although the platform analysis is limited to a vendor's external-facing assets, missing internal security controls, it provides actionable, prioritized remediation plans, though licensing is custom and tailored per vendor’s count and risk scope.
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Starting Price
Custom
RiskRecon Specifications
- Security Measure
- Threat Intelligence
- Vulnerability Management
- Security Audits And Reporting
RiskRecon Features
Mastercard Cyber Quant Integration
This integration provides a quantification of your financial exposure to cyber risk across your entire third-party portfolio. The platform converts security findings into economic terms, allowing risk managers to budget and prioritize vulnerabilities based on potential dollar losses. This critical feature enables risk-based strategic decision-making.
Continuous Threat Protection
The platform delivers real-time monitoring of your vendors for active and emerging cyber threats. This includes identifying zero-day vulnerabilities and indicators of compromise across a vendor's environment. These RiskRecon features ensure rapid detection and response to critical security events that could directly impact your business operations.
Mastercard Systemic Risk Assessment
This unique capability allows your organization to analyze and mitigate enterprise-wide risks stemming from interconnected third parties, particularly within complex supply chains. It identifies shared risks and single points of failure across your portfolio. This enables proactive resilience planning against widespread industry events or critical vulnerabilities.
Third-Party Portfolio Diagnostic
RiskRecon features a diagnostic tool that analyzes the collective security posture and risk profile of your entire third-party ecosystem. This delivers clear, aggregated insights into common weaknesses and areas of high-risk concentration. It helps optimize resource allocation for efficient, risk-based prioritization across all vendors.
Request For Proposal (RFP) Validation
This feature helps organizations quickly and accurately validate security claims made by prospective vendors during the RFP process. Cross-referencing vendor self-assessments against continuous security ratings ensures compliance claims are accurate. This accelerates onboarding and reduces manual security questionnaire time significantly.
Pros And Cons of RiskRecon
Pros
Real-time, passive monitoring offers continuous security visibility
Reviews dozens of security areas for broad, in-depth analysis
Prioritized findings with guidance speed up vendor issue resolution
Cons
Scoring lacks transparency on how certain ratings are calculated
Infrequent data refreshes may delay urgent risk visibility
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Frequently Asked Questions
What language does RiskRecon support?
RiskRecon software's interface and documentation are primarily supported in English.
What level of support does RiskRecon offer?
Support includes customer success, responsive service according to peer reviews, onboarding assistance, and continuous enhancement.
What other apps does RiskRecon integrate with?
RiskRecon offers API access to integrate its security ratings and risk data into internal workflows and GRC platforms, enabling actionable insights.
Does RiskRecon offer an API?
Yes, RiskRecon offers an API.
Does RiskRecon have a mobile app?
No, RiskRecon does not offer a dedicated mobile app.
Who are the typical users of RiskRecon?
RiskRecon software is designed for third-party risk teams, IT security officers, procurement and vendor oversight groups, supply chain teams, and enterprises requiring continuous visibility into vendor risk.
What types of pricing plans does RiskRecon offer?
RiskRecon pricing is available upon request and is tailored based on organization size and vendor portfolio complexity. Contact us to get a RiskRecon cost quote.