Risk Management
Third-party Risk Management is an Intelligence Operation
RiskRecon by Mastercard provides organizations with continuous visibility into the cybersecurity performance of their vendors, suppliers, and business partners, enabling them to identify, prioritize, and manage risk across their digital supply chain.
Using externally observable security data and advanced analytics, RiskRecon continuously assesses organizations across multiple cybersecurity domains, including network security, email security, DNS security, web application security, system hosting, software patching, and data exposure. Results are translated into easy-to-understand ratings, detailed findings, and prioritized remediation guidance that help security, risk, procurement, and compliance teams make informed decisions.
Unlike traditional third-party risk management approaches that rely primarily on questionnaires and periodic reviews, RiskRecon delivers objective, evidence-based insights that are continuously updated to reflect changes in an organization’s security posture. This allows customers to identify emerging risks, monitor remediation progress, and focus resources on the vendors that present the greatest potential impact to the business.
RiskRecon also enables organizations to streamline vendor assessments, improve collaboration with suppliers, benchmark vendor performance, and support regulatory and compliance requirements related to third-party risk management. Through comprehensive reporting, alerts, and portfolio-level visibility, organizations can gain a clear understanding of risk across their entire vendor ecosystem.
As part of Mastercard Cybersecurity’s broader portfolio of cyber risk and threat intelligence solutions, RiskRecon helps organizations move beyond periodic vendor reviews to establish a more proactive, intelligence-driven approach to managing third-party cyber risk and strengthening operational resilience.
Make Better Informed Vendor Selections
Organizations today rely on an increasingly complex network of suppliers, technology providers, cloud services, and business partners. While these relationships drive innovation and operational efficiency, they also create new pathways for cyber threats to reach the enterprise. As a result, understanding and managing digital supply chain risk has become a critical component of cybersecurity and business resilience.
Periodic to Continuous
Traditional third-party risk management approaches that rely on periodic questionnaires and point-in-time assessments cannot keep pace with today’s rapidly changing threat landscape. Organizations need continuous visibility and objective intelligence to understand which vendors present the greatest risk and where remediation efforts should be prioritized
Third party risk
Cybercriminals are increasingly targeting third parties as a means of gaining access to their customers, making supply chain attacks one of the fastest-growing sources of organizational risk. At the same time, organizations face heightened regulatory expectations and stakeholder scrutiny around how they identify, assess, and manage risks introduced by vendors and partners.
Solution and insights
RiskRecon provides organizations with data-driven insights into the cyber health of their digital supply chain through continuous monitoring of externally observable security practices. By identifying security weaknesses, validating remediation efforts, and highlighting emerging risks, RiskRecon helps organizations make informed decisions about their third-party ecosystem and focus resources on the areas of greatest concern.
In a world where cyber threats increasingly originate beyond an organization’s own network, continuous visibility into supplier and partner risk is essential for reducing exposure, strengthening resilience, and protecting critical business operations. Understanding digital supply chain risk is no longer optional—it is fundamental to effective cybersecurity risk management.
Benefits of RiskRecon TPRM
Aggregated cyber risk rating for every third-party service provider and vendor based on the assessment of their cyber environment
AI-driven assessment capabilities streamline the vendor questionnaire process to initiate assessments, summarize complex documents, and cross-check compliance across your vendor catalog.
Threat Pressure provides a threat exposure rating that mirrors an organization’s risk posture based on aggregated threat intelligence signals, derived from Recorded Future risk rules.
Downloadable detailed, summary and executive summary reports on overall organization cyber risk profile on demand
-Benchmarking of third-party service providers and vendors against standardized compliance frameworks and amongst comparable competitors
Actionable risk plans are easily shared with third-party service providers and vendors using the collaboration portal
Alerts on issues exceeding risk thresholds along with in-portal viewing and alert management through the Alert management center
View of organization’s cyber risk visibility to their extended supply chain of fourth-party providers
Supply Chain Risk Management
Automatically Pinpoint And Prioritise Extended Supply Chain Risk
The interconnectivity of different third- and fourth-party relationships is often difficult to visualise and address. However, with RiskRecon, you’ll gain a streamlined understanding of your organisation’s supply chain environment including 4th-party software dimensions, hosting providers, and other relationships, enabling you to address critical issues faster.
Minimise Effort Required To Research And Understand Supply Chain Risk
RiskRecon’s supply chain visualiser leverages two sources of data to map out supply chain relationships. The first is directly observed data found on internet-facing systems providing evidence of hosting providers and software utilised by a company. The second is indirectly inferred through a range of sources such as partnership announcements, job postings, product documentation, and more.
Improve Visibility And Reporting Of Security Risk Throughout The Organisation
RiskRecon’s supply chain visibility and insight make it easier to identify potential access points for attackers and helps you develop and communicate cyberattack control and mitigation plans to the Board and Executive Team.
Enterprise Risk Management
This provides complete IT profiling. RiskRecon utilise deep internet asset mining to build a complete profile of your entire computing environment. This ranges from software to domains through to systems and all the connections to third parties. The proprietary algorithms and machine learning models are able to identify even the most buried assets, allowing you to have a complete understanding of your IT landscape.
Benchmark Your Enterprise Cybersecurity
RiskRecon Benchmarking delivers data-driven, objective analytics that enables you to baseline and compare your organisation's performance against your peers. Benchmarking is an essential executive tool embraced by other corporate functions; add cybersecurity benchmarking to your board reporting. It is fully customisable, enabling you to choose your benchmark organisations. And you can benchmark across cybersecurity and IT profile, dramatically enhancing your CISO and CIO board reporting.
Discover and Monitor Your Internet Assets
RiskRecon provides you with comprehensive, continuously updated visibility into all your Internet-connected assets. IT operations and security teams use this information to discover and protect shadow IT and forgotten IT assets on their own network and in the cloud. "Identify" is the first principle of the NIST Cyber Security Framework because you can't protect what you don't know. Leverage RiskRecon's advanced Internet asset-hunting analytics to discover and monitor your Internet assets.
Know the Risk Profile of Your Internet Assets
RiskRecon gives you continuous insight into the risk profile of each of your Internet assets, monitoring every system to determine the data types they collect, their functionality, and their IT profile. Risk analysts and security teams leverage this capability to know where sensitive data and functionality are exposed and prioritise their risk management and compliance efforts. Good risk management and compliance regulations, such as GDPR and CCPA, demand that you know where your data resides and who has access to it. RiskRecon gives you the answers you need.
Better Manage Your IT and Security Profile
RiskRecon's continuous IT profiling and security analytics give you intimate visibility into your Internet-connected systems. IT operations and security teams use the information to know where the business is hosting systems, what their configuration is, and if it meets security requirements. RiskRecon's analytics discover the IT profile of every system and analyse each one against 41 security criteria backed by thousands of security checks. Combined with RiskRecon's ability to automatically determine asset value at risk, your teams can easily identify issues, prioritize responses, and act efficiently.
Please complete the form below to find out more.
What Our Clients Say
“CyberWhite have been a pleasure to deal with by repeatedly demonstrating their professionalism and technical knowledge throughout the procurement process and execution of our project. From initially exploring our goals to a consultant working with us on-site and remotely, we’ve enjoyed a positive experience that has ultimately benefited our organisation and helped to improve our Cyber Security posture.”
“I would like to say a thousand “thank you’s” to CyberWhite after rescuing us from the commercial disaster we faced after being subjected to a very sophisticated fraud. Without the timely involvement and expertise from CyberWhite, we would undoubtedly have faced catastrophic consequences including a significant financial loss and possibly a forced closure of the business. We will always remember the kindness and professional approach taken by the CyberWhite team. They were able to successfully recover the critical data which was the life blood of our business. This expertise has allowed us to continue trading and provided us with the additional benefits of ensuring that we are more cyber risk aware and we now have a security partner to support us.”
“As an Operator of Essential Services, PX Group comply with advice provided by recognised security bodies such as NCSC. The advice is relevant to all organisations who provide infrastructure or support to the UK’s critical national infrastructure. PX Group engaged CyberWhite to undertake Third Party Security Audits (aligned to ISO28000:2007) against key suppliers who had access to information assets within the PX Group domain. CyberWhite created a comprehensive audit document set and supported this with interviews and visits in order to validate responses. The output from CyberWhite was comprehensive and provided security assurance to PX Groups stakeholders and interested parties that the key suppliers had a focus on security and understood and could demonstrate best practices in relation to the handling of PX Groups information assets. This process has been invaluable in validating what we believed and providing a platform from which we will continue to assess, review and benchmark all parties in our information supply chain.”
