Overview
Product Information on RiskRecon
What is RiskRecon?
RiskRecon Pricing
Overall experience with RiskRecon
“RiskRecon: Balancing Multiple Integrations for Robust TPRM Programs”
“RiskRecon's Data Breach Notification Enhances Third Party Risk Management”
About Company
Company Description
RiskRecon, a division of Mastercard, focuses on the identification and mitigation of cybersecurity risks within businesses and their supply chains. Utilizing its sophisticated technology, RiskRecon provides an understanding of potential risks, creating action plans according to the risk-priorities of a business. The primary usefulness of the company lies in its provision of cyber risk analysis and management. RiskRecon has developed a reliable, data-driven platform that offers insights to assist businesses in identifying weak points in their security protocols. Efficient and scalable risk management programs can be established using the RiskRecon platform, thereby allowing for a significant transformation from previously manual processes to automated solutions. By using RiskRecon, businesses can successfully manage cyber risks, resulting in better overall risk outcomes.
Company Details
Do You Manage Peer Insights at Mastercard (RiskRecon)?
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
User Sentiment About RiskRecon
Reviewer Insights for: RiskRecon
Deciding Factors: RiskRecon Vs. Market Average
Performance of RiskRecon Across Market Features
RiskRecon Likes & Dislikes
Ease of use, great portal that allows us to review different vendors and ensure there 3rd party services meet our needs. Continuing support by support team to inform us of new product specific updates or additions that would allow us to review our 3rd parties and ensure they meet different Information Security criteria or security frameworks such as HIPPA, NIST, SOX, etc..
Ease of use and supplier Data breach notification
The ability to share reports with third parties so I don't have to be a go-between for any issues that arise with the third parties that we ask to review and respond to. They have an interface where they can see the report results and recommended solutions.
There are so many integrations sometimes it is difficult to know which we should use or provide the most bang for the buck. Also, the tool has so many frameworks and controls it can be difficult to ensure the vendor meets the ones critical to success to our TPRM program.
False positive rate, not fully customizable, not combined with offline security assessment
Weaknesses: 1. Currently using separate user IDs and passwords, but we are working on AD integration (which it was not obvious was available in their administration menu); 2. ability to trace what improved or declined between scans is limited (beyond the generic title); 3. Reports can be tricky if you aren't paying attention to which categories in your portfolio are being applied to them.
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Peer Discussions
RiskRecon Reviews and Ratings
- DIRECTOR, IT SECURITY AND RISK MANAGEMEN1B-10B USDHealthcare and BiotechReview Source
RiskRecon: Balancing Multiple Integrations for Robust TPRM Programs
The Risk Recon team has been instrumental in getting us up and running and using the tools. Also, they periodically meet with us to ensure we are provided the relevant knowledge and updates to take advantage of the RiskRecon tool and the vendor information that we've purchase. - CISOGov't/PS/EdEducationReview Source
Exploring RiskRecon: A Powerful Tool for Internet Presence Surveillance
We leverage RiskRecon to look at our own internet facing presence but also that of our data sharing partners and vendors. It has been a fantastic tool to provide awareness. - IT SECURITY PROGRAM MANAGER10B+ USDHealthcare and BiotechReview Source
Get a Picture of your Organization's Risk Exposure - Great Product!
RiskRecon has provided us with a clear assessment of our vulnerabilities and has worked tirelessly with us to assist us to remediate risk and security issues for our company. The staff is friendly, supportive, and tremendously easy to work with. Our overall experience with RiskRecon has been extremely excellent! - Vendor Managment Program Manager1B-10B USDBankingReview Source
Efficient Security Tool with Room for Improvement
The tool has been very useful. The only drawback I've experienced is unnecessary "noise" that can lead to misleading and inaccurate results for some of the larger vendors being reviewed. - AVP ENTERPRISE SECURITY50M-1B USDInsurance (except health)Review Source
RiskRecon: A Useful Tool for Scoring 3rd Party Vendors
I find that RiskRecon is a helpful tool to provide a high level score for 3rd Party Vendors.