Recognition comes as RiskRecon experiences significant growth and momentum for its third-party risk monitoring technology

 

Salt Lake City, Utah, November 13, 2018 — RiskRecon, the easiest path to understanding and acting on third-party cyber risk, today announced it was ranked as a leader in The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018. In the report, Forrester, a leading global research and advisory firm, evaluated 9 cybersecurity risk ratings solutions.
 
RiskRecon was recognized for its robust risk analysis, assessments, and context. The report stated that “RiskRecon stands out with its focus on contextualized, action-oriented cyber-risk ratings. Its Risk Priority Matrix tool helps customers narrow down, prioritize, and take action on their top third-party cyber risks based on their unique business assets and security posture. Once prioritized, RiskRecon applies AI to suggest mitigation steps and facilitate action plans.”
 
The report noted that RiskRecon is the best fit for S&R pros that want contextualized cyber-risk ratings. S&R pros who want to understand and prioritize third-party cyber risks based on their own unique business needs and threat landscape should add RiskRecon to their shortlist.
 
“As enterprises continue to outsource critical business functions, monitoring third-party security risk has never been more important,” said Kelly White, Co-founder and CEO of RiskRecon. “In our view, this recognition from Forrester demonstrates our unique and comprehensive approach to managing vendor cyber risk performance, providing accurate, actionable risk insights. Enterprises can no longer neglect this important aspect of cybersecurity.”
 

In this evaluation, RiskRecon received a differentiated rating for the criteria of:

  • Dark web and technical intelligence

  • Risk analysis and attribution

  • Internal and enterprise risk context

  • Risk assessments and review portal

  • Vision and execution

  • Thought leadership and strategic partnerships

How RiskRecon Works                                                                                                                                       By combining advanced models and algorithms with data gathered from publicly accessible IT systems, RiskRecon is able to conduct deep asset discovery, leading to detailed IT profiling, accurate issue identification, and unique asset risk valuation for all third-party (and fourth-party) Internet-facing systems, tailored to the customer’s risk tolerance. This critical information creates the backbone of a risk-prioritized action plan that can be customized to an organization’s specific risk policy.

To download a complimentary, complete copy of The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018, click here. 

About RiskRecon                                                                                                                                          

RiskRecon is the only continuous vendor monitoring solution that delivers risk-prioritized action plans custom-tuned to match your risk priorities, providing the world’s easiest path to understanding and acting on third-party cyber risk. Partner with RiskRecon to build your scalable, third-party risk management program to realize dramatically better risk outcomes. To learn more about RiskRecon’s approach, request a demo or visit the website at www.riskrecon.com.

 

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