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riskrecon.com

Founded Year

2013

Stage

Acquired | Acquired

Total Raised

$40M

About RiskRecon

RiskRecon provides a SaaS platform that helps organizations more effectively manage the risk reality of increasingly interconnected IT ecosystems by delivering frequent, comprehensive and security performance measurements. Using proprietary data gathering techniques, RiskRecon creates a 360-degree risk profile of an enterprise's public IT footprint. Based on that footprint and a detailed analysis, a RiskRecon rating and report is generated providing detailed information with context.On December 23, 2019, RiskRecon was acquired by Mastercard. The terms of the transaction were not disclosed.

RiskRecon Headquarter Location

560 West 200 South

Salt Lake City, Utah, 84111,

United States

781-784-2054

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Research containing RiskRecon

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned RiskRecon in 1 CB Insights research brief, most recently on Nov 20, 2019.

Expert Collections containing RiskRecon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

RiskRecon is included in 2 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

C

Cybersecurity

4,937 items

RiskRecon Patents

RiskRecon has filed 2 patents.

The 3 most popular patent topics include:

  • Computer network security
  • Computer security
  • Actuarial science
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/18/2019

3/22/2022

Computer network security, Computer security, System administration, Network protocols, Data security

Grant

Application Date

2/18/2019

Grant Date

3/22/2022

Title

Related Topics

Computer network security, Computer security, System administration, Network protocols, Data security

Status

Grant

Latest RiskRecon News

New Whistic/RiskRecon Report Finds 60% of Companies Are Spending More on Vendor Security and Cyber Risk Management

Jun 1, 2022

Survey of 500+ infosec practitioners shows most take “trust but verify” approach to vendors June 01, 2022 07:04 AM Eastern Daylight Time SALT LAKE CITY--( BUSINESS WIRE )--Whistic and RiskRecon, a Mastercard company, today announced the release of a joint research report showing three out of five companies are increasing spending on cyber risk management to “trust but verify” vendors. The research in “The Modernization of Cybersecurity | How Technology is Changing the Way Businesses View Vendor Assessment and Cybersecurity” report looks at how recent investments in technology have impacted vendor security and cyber risk management. “Vendor security and cyber risk practitioners are the first line of defense against potential security incidents and without a continued investment in technology, they are fighting a losing battle,” said Nick Sorensen, CEO of Whistic. “That’s why we were encouraged to see more and more businesses are prioritizing these programs with not only technology spend, but executive visibility into how they are run and what response and remediation strategies should be.” More than 500 cyber risk and infosec practitioners were surveyed for the report. Key findings include: Cyber risk and vendor security management are top priorities. The survey shows 80% of respondents have cyber risk and vendor security programs in place and 60% report they have incorporated more technology into their programs over the past five years. Additionally, as the threat of third-party security incidents continues to increase, the issue is a top concern even at the highest levels of companies as 71% of respondents report program metrics to internal leadership outside of security business functions. Investment in technology results in increased program maturity. Overall, 64% of respondents indicate their cyber risk and vendor security programs are either mature or advanced. However, program maturity depends heavily on the size of the organization as 66% of enterprises have advanced stage programs, while just six percent of startups are at that level and 64% have early to non-existent programs. Trust but verify is still a staple in the industry. When it comes to security questionnaires, 53% of respondents say they trust what their vendors send them. Despite that trust, 61% of respondents say they still verify vendor responses using a third-party validation tool. "The reliance on third parties is only increasing, and organizations must understand the threats coming from their vendor ecosystem,” said Kelly White, founder, RiskRecon, a Mastercard Company. “We have seen too many large-scale cyber incidents in the past few years for firms to overlook proper third-party risk management. Your organization is only as secure as the vendors you work with." You can access the full findings of the report here . About Whistic Located in the heart of the Silicon Slopes in Utah, Whistic is the network for assessing, publishing and sharing vendor security information. The Whistic Vendor Security Network accelerates the vendor assessment process by enabling businesses to access and evaluate a vendor’s Whistic Profile and create trusted connections that last well beyond the initial assessment. Make security your competitive advantage and join businesses like Airbnb, Okta, Betterment, and Qualtrics who are leveraging Whistic to modernize their vendor security programs. For more information, visit https://www.whistic.com/ . About RiskRecon RiskRecon, a Mastercard Company, enables you to achieve better risk outcomes for your enterprise and your digital supply chain. RiskRecon’s cybersecurity ratings and assessments make it easy for you to understand and act on your risks, delivering accurate, risk-prioritized action plans custom-tuned to match your risk priorities. Learn more about RiskRecon and request a demo at www.riskrecon.com . Contacts

  • When was RiskRecon founded?

    RiskRecon was founded in 2013.

  • Where is RiskRecon's headquarters?

    RiskRecon's headquarters is located at 560 West 200 South, Salt Lake City.

  • What is RiskRecon's latest funding round?

    RiskRecon's latest funding round is Acquired.

  • How much did RiskRecon raise?

    RiskRecon raised a total of $40M.

  • Who are the investors of RiskRecon?

    Investors of RiskRecon include Mastercard, General Catalyst, Paul Sagan, Mickey Boodaei, Rakesh Loonkar and 6 more.

  • Who are RiskRecon's competitors?

    Competitors of RiskRecon include BitSight Technologies and 3 more.

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