A couple of firms has teamed up to advise organisations how to avoid getting into trouble with hackers, gangsters and hostile countries interfering in their business and their peace of mind.
A Mastercard company, Risk Recon, and partner CyberGRX will share data with each other. CyberGRX is joining the Risk R network.
The companies both think that it is time organisations pull up their socks because they are not keeping up with latest developments in the cyber security landscape.They have introduced a widget which allows customers to dig deep into information that will let their customers feel more secure.
Risk Recon reckons that while 79 percent of orgs have a third party risk management programme in place, only 14 percent trust third parties’ security.
Fred Kneip, CEO of CyberGRX said: “The combination of RiskRecon’s leading risk ratings data and the validated assessment data available through CyberGRX Exchange will provide security and IT teams with unparalleled visibility into any threat activity within their environment and the ability to intelligently manage the risk surface of their extended ecosystem of third parties.”
RiskRecon monitors cyber security risks of four million companies, including financial services and healthcare.
Kelly White, who founded RiskRecon, said the couple will start by introducing the widget, available now.
“CyberGRX provides dynamic data into a company’s entire risk surface for true, real-time third-party risk management,” said Kelly White, co-founder and CEO, RiskRecon. “By combining CyberGRX’s inside-out view of cyber risk with RiskRecon’s outside-in approach, organisations have access to their entire risk surface based on real-time, third-party, cyber risk data for complete visibility.”
RiskRecon has a network of partners including MSPs, security consultants, resellers and others.
