RiskRecon
Application portfolio management software
Vendor security and privacy assessment software
Risk-based vulnerability management software
Risk assessment software
Vulnerability management software
- Features
- Ease of use
- Ease of management
- Quality of support
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- Energy and utilities
- Banking and insurance
- Transportation and logistics
What is RiskRecon
RiskRecon is a third-party cyber risk assessment platform that continuously monitors vendors’ externally observable security posture and produces risk findings and ratings. It is used by security, risk, and procurement teams to support vendor onboarding, periodic reviews, and ongoing monitoring across a supplier portfolio. The product emphasizes evidence-based, outside-in measurements (for example, exposed services and configuration indicators) and provides workflows to communicate findings to vendors for remediation. RiskRecon is commonly deployed as part of third-party risk management programs rather than as an internal asset vulnerability scanner.
Continuous external posture monitoring
RiskRecon focuses on ongoing, outside-in assessment of vendors based on internet-facing signals rather than point-in-time questionnaires alone. This supports continuous monitoring use cases where vendor posture can change between annual reviews. It can help teams prioritize follow-up based on observed exposure and issue severity. The approach is well-suited to large vendor portfolios where manual reassessment does not scale.
Vendor remediation collaboration workflows
The platform is designed to share findings with vendors and track remediation progress. This can reduce back-and-forth compared with ad hoc email-based evidence collection. It supports structured communication around specific issues and their business impact. These workflows align with third-party risk programs that require documented follow-up and closure.
Portfolio-level risk reporting
RiskRecon provides roll-up views across a vendor population, enabling segmentation by risk level and issue category. This helps security and risk leaders report on third-party exposure trends and program performance. Portfolio reporting supports prioritization of assessments and remediation outreach. It also helps standardize how vendor risk is compared across business units.
Limited internal asset coverage
RiskRecon primarily assesses externally visible posture and does not replace internal vulnerability scanning for an organization’s own endpoints, servers, and applications. Teams typically still need dedicated internal vulnerability management tools for authenticated scanning, agent-based telemetry, and patch verification. As a result, it may not satisfy requirements for comprehensive internal vulnerability management on its own. Organizations should plan for integration with existing security tooling if they want end-to-end coverage.
Outside-in signals can misattribute
External observation can sometimes produce findings that are difficult to validate, such as assets that are not owned by the vendor or services hosted by shared providers. This can create friction during vendor discussions and require additional verification steps. False positives or ambiguous ownership can slow remediation and reduce stakeholder confidence. Clear scoping and vendor asset attribution processes are often necessary.
Not an APM system
Although it supports portfolio-style views, RiskRecon is not designed for application portfolio management functions such as application rationalization, capability mapping, or enterprise architecture modeling. Organizations seeking APM outcomes typically need separate systems for application inventory, lifecycle planning, and dependency mapping. Using RiskRecon for APM would leave gaps in governance and planning workflows. Its portfolio features are oriented toward third-party risk rather than application strategy.
Seller details
Mastercard Incorporated
Purchase, New York, USA
1966
Public
https://www.mastercard.com/
https://x.com/Mastercard
https://www.linkedin.com/company/mastercard/
