Softcell helps organisations in Third Party Security Risk Monitoring with Mastercard RiskRecon solution
RiskRecon is a Mastercard cybersecurity product that enables organisations to assess and manage cybersecurity threats which occur across supply chains and third-party vendors. Its self-scan tool helps monitor the cybersecurity performance of organisations by employing non-invasive techniques to scan organisations’ public systems and analyse the cybersecurity risk posture of those systems.
Softcell partners with leading global OEMs and specialises in offering end to end IT Security and Cyber Security solutions to enterprises in India. While the main focus of an enterprise is on securing their end points, network, perimeter and cloud, all enterprises in their day-to-day business also interact with third party vendors with whom critical enterprise data is exchanged. Those vendors also pose risk to an enterprise’s sensitive data. Softcell in partnership with RiskRecon supports enterprises in offering accurate, non-invasive visibility into their vendors’ security postures through Third Party Security Risk Monitoring. Reports generated by RiskRecon rank vulnerabilities in order of priority so that the enterprise can assess and know which issues to tackle first.
As part of Softcell’s initiative of helping organisations in understanding their cybersecurity and third-party security risk, we are offering a free security rating report in partnership with Mastercard RiskRecon. All that an enterprise needs to do is to fill in a small form at: https://www.softcell.com/security-risk-rating.html that will enable them to receive a free report. This free report provides a summary of an organisation’s current security risk rating using RiskRecon’s Third Party Security Risk Monitoring cyber risk assessment technology. The score allows enterprises to influence corrective action with risk prioritised data based on issue severity.
Sunil Dalal, MD of Softcell Global Technologies Pvt. Ltd. said, “We are pleased to collaborate with Mastercard and take RiskRecon to customers who are looking for an additional layer of protection to keep their businesses safe from the ever-increasing cybersecurity risks. We understand that it is extremely critical for enterprises to understand their third-party risks, establish a patching cadence, and continuously monitor their supply chain for various security risks. We are confident that enterprises will gain a good insight of their third-party risk by utilising the free security report.”
Managing vendor cyber risk through periodic assessments is insufficient. A lot can happen between assessments, even if they are conducted annually. Vendor data breaches could unknowingly compromise enterprise data, thereby risking penalties from regulators due to delayed customer breach notification. Softcell as a partner of Mastercard RiskRecon will be happy to support and help enterprises in mitigating their enterprise risk by delivering continuous and regular assessment of their vendor risks.