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RiskRecon

by Mastercard · Since 2013
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ActiveAvailable globallyCloud
Quick facts
VendorMastercard
Year launched2013
StatusActive
LocationRiskRecon by Mastercard 434 W Ascension Way, #200, Murray, Utah 84123, United States
Countries servedGlobal
Languages7
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About RiskRecon

RiskRecon is a cybersecurity software from Mastercard that helps organizations gain actionable insights to better manage cyber risks and threats. It combines RiskRecon Cyber Ratings, RiskRecon Privacy Ratings, and RiskRecon Assessments, so users can understand and act on their risks effectively. Additionally, it provides Threat Protection by Mastercard and Cyber Quant by Mastercard for improved cybersecurity management. This platform is designed to deliver comprehensive ratings and assessments, enabling organizations to monitor and mitigate potential threats. Key capabilities: RiskRecon Cyber Ratings RiskRecon Privacy Ratings RiskRecon Assessments Threat Protection by Mastercard Cyber Quant by Mastercard Best for: organizations that need to manage third-party risk and assess cybersecurity threats.

RiskRecon by Mastercard stands out as a powerful, cloud-based cyber risk management platform tailored specifically to help organizations assess and manage third-party and supply chain cybersecurity risks. Positioned primarily as a risk ratings and insight solution, RiskRecon is designed to make cyber risk both visible and actionable, offering automated assessments that align directly with an organization’s unique risk appetite. This intelligent tuning helps ensure that security teams and stakeholders focus on the most pressing issues based on what truly matters to their business. Its 99.1% accuracy in asset attribution, a claim that is independently certified, further establishes the platform’s credibility and operational reliability. RiskRecon’s model is centered on an "outside-in" approach, meaning it assesses publicly exposed digital assets without requiring any intrusive installation or access to internal systems, making it both easy to deploy and compatible across diverse IT environments. The platform’s user interface is clearly designed to accommodate a range of cybersecurity roles, from analysts to executives. Customers consistently highlight its intuitive dashboard and ease of use, noting that it simplifies complex risk data and supports effective decision-making.

Pros & Cons

Pros
  • High Data Accuracy: Independently certified 99.1% asset attribution accuracy ensures reliable assessments.
  • Custom-Tuned Risk Assessments: Evaluations are aligned with your organization’s risk appetite and system value.
  • Automated Workflows: Generates prioritized action plans and tracks vendor remediation progress automatically.
  • Comprehensive Visibility: Covers third-party, supply chain, and internal enterprise risk surfaces.
  • Transparent Reporting: Full visibility into assessment details for both you and your vendors—no hidden data.
  • Strong Customer Ratings: 4.3/5 overall on Gartner Peer Insights, with high marks for support and ease of deployment.
Cons
  • False Positives: Some users report too many alerts that require manual review, suggesting a need for better AI filtering.
  • Limited Real-Time Interactivity: While assessments are automated, real-time vendor engagement may still require manual follow-up.
  • Learning Curve: Advanced features and customization may require onboarding for new users.

Features

Key features

Automated Cybersecurity Ratings & Insights

Provides an automated system to understand and act on cybersecurity risks with clear ratings and actionable insights.

Custom-Tuned Risk Assessments

Automatically determines the value at risk for every system and customizes assessments to match an organization's specific risk appetite.

99.1% Data Accuracy (Independently Certified)

Ensures high precision in asset attribution, providing transparency by making all assessment details visible.

Automated Workflows & Shareable Action Plans

Generates vendor risk action plans automatically, facilitates easy sharing with vendors, and tracks their progress.

Comprehensive Third-Party & Supply Chain Risk Management

Offers real-time visibility into third-party cyber performance and extends assessment to deeper supply chain layers.

Own Enterprise & Subsidiary Monitoring

Provides a complete picture of an organization's own internet surface area and associated risks.

Additional features

Cybersecurity Ratings

Provides ratings to understand an organization's and its vendors' security posture.

Cybersecurity Insights

Offers actionable intelligence derived from risk assessments.

Automated Risk Assessments

Conducts risk evaluations without manual intervention.

Custom-Tuned Risk Appetite Matching

Allows assessments to be adjusted to an organization's specific risk tolerance.

Free Ratings for up to 50 Vendors

Offers a trial to assess a limited number of vendors for free.

Third-Party Risk Management

Provides real-time visibility into third-party partners' cyber performance.

Supply Chain Risk Management

Extends risk assessment to multi-party breach events beyond immediate third parties.

Own Enterprise & Subsidiary Monitoring

Gives a complete picture of an organization's own internet surface area and risk.

Industry-Leading Gartner Peer Insights Rating (4.5 stars)

Recognized positively by users on a major review platform.

Data Accuracy (99.1% certified)

High precision in attributing assets during assessments.

Transparency of Assessment Details

All assessment details are visible to both the organization and its vendors.

Automated Vendor Risk Action Plans

Generates plans for vendors to address identified issues.

Collaboration Workflow

Facilitates easy sharing of action plans with vendors.

Automated Progress Tracking

Automatically monitors and reports on vendor progress in addressing action plans.

Comprehensive Dashboard

Provides an overview of risk information.

Assessment Tuning

Allows customization of assessment parameters.

Board Level Reporting

Generates reports suitable for executive leadership.

Prioritized Issues

Presents identified issues in order of urgency.

Portfolio Management

Helps manage a portfolio of vendors and their associated risks.

Compliance Indicators

Provides metrics related to compliance standards.

Information Technology Data

Collects and analyzes IT-related security data.

Shareable Action Plans

Allows action plans to be easily shared.

How to Fix Critical Issues Guidance

Offers advice on remediating high-priority problems.

Breach Events Monitoring

Tracks and informs about publicly reported breach events.

Summary & Detailed Level Downloads

Allows downloading of reports at different levels of detail.

Advanced Filtering

Provides sophisticated options for filtering data.

RiskRecon Cyber Ratings

Specific service for cybersecurity ratings.

RiskRecon Privacy Ratings

Specific service for privacy-related security ratings.

RiskRecon Assessments

General assessment services.

Threat Protection

(Implied through insights and mitigation recommendations).

Systemic Risk Assessment

Evaluates systemic risks across an ecosystem.

My Cyber Risk

Provides insights into an organization's own cyber risk.

Onboard Risk Check

Checks risks during vendor onboarding.

Third-party Diagnostic & Prioritization (Use Case)

Helps diagnose and prioritize third-party risks.

Cyber Attack Protection (Use Case)

Contributes to defending against cyber attacks.

Systemic Risk (Use Case)

Addresses broader systemic risks.

SMB Threat Prevention (Use Case)

Helps small and medium businesses prevent threats.

Merchant Risk Assessment (Use Case)

Specific risk assessment for merchants.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
7
Interface languages
12
Billing currencies

Interface languages

EnglishSpanishFrenchGermanPortugueseJapaneseChinese.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇳CNY🇮🇳INR🇧🇷BRL🇨🇭CHF🇸🇪SEK🇰🇷KRW

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