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RiskRecon

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uuid0000pok

Namestring
RiskRecon
Legal namestring
RiskRecon Inc.
Websiteurl
riskrecon.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

RiskRecon, founded in 2015 and headquartered in Murray (Salt Lake City), Utah with a secondary office in Boston, is a third-party cyber risk management SaaS provider that delivers continuous, externally observable cybersecurity and privacy ratings on organizations' internet-facing systems. The platform non-intrusively collects externally observable security indicators across 196,000 organizations in 178 countries, producing certified cyber ratings (99.1% independently certified accuracy), privacy ratings, custom-tuned assessments, automated vendor remediation workflows, and systemic supply chain risk analytics. Core technology is passive external scanning and asset attribution, augmented post-Mastercard acquisition by integration with Recorded Future's threat intelligence, and extended through add-on modules including Cyber Quant (financial risk quantification), Systemic Risk Assessment (fourth-party visibility), My Cyber Risk (SMB-focused), and Onboard Risk Check (vendor onboarding diligence).

RiskRecon monetizes through annual enterprise SaaS subscriptions priced by vendor portfolio size and feature scope, sold both directly and via authorized resellers, with a freemium 30-day trial covering up to 50 vendor ratings to seed product-led adoption into mid-market accounts. The go-to-market combines direct enterprise sales, a channel partner program, and Mastercard's global distribution network, targeting large enterprises and regulated institutions in financial services, healthcare, manufacturing, energy, and biotech. Following the January 2025 $350 million acquisition by Mastercard, RiskRecon operates as a wholly-owned subsidiary branded 'RiskRecon by Mastercard,' governed under Delaware law as RiskRecon Inc., and integrated into Mastercard's cybersecurity portfolio alongside Recorded Future, Cloudflare partnership assets, and VikingCloud channel partnerships.

Short descriptiontext

RiskRecon is a third-party cyber risk management SaaS platform that continuously monitors 196,000 organizations across 178 countries, delivering externally observable cybersecurity ratings, privacy assessments, and vendor remediation workflows. It serves large enterprises and regulated institutions in financial services, healthcare, manufacturing, and energy, and operates as a wholly-owned subsidiary of Mastercard following the 2025 acquisition.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSalt Lake City, United States
HQ citystring
Salt Lake City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
third-party risk management, cybersecurity risk ratings, vendor cyber monitoring, supply chain cybersecurity, cyber risk quantification
Industry2 codes
1Risk Scoring, Fraud & Anomaly Detection
CodeHDAAAHADPrimaryYes
2Payments Fraud & Chargeback Prevention
CodeHDADALAEPrimaryNo
NAICS code1 code
  • Security Systems Services (except Locksmiths)561621
SIC code1 code
  • Services-Consumer Credit Reporting, Collection Agencies7320
Product category
Third-Party Cyber Risk Management
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Subscription SaaS Platform Access
TypeSubscription Recurring
Description

Annual subscription model for access to the RiskRecon cybersecurity risk ratings platform. Subscriptions are sold directly through Mastercard or through authorized resellers. Annual billing with multi-year contract options available. Includes portal access, vendor ratings, and assessment tools.

riskrecon.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Pricing details2 tiers
1Free Trial - 30-day evaluation of up to 50 vendor ratings
ModelFreemiumBilling cadenceMonthly
Notes

Complimentary access to view security ratings for 50 vendors, self-organization report, risk prioritized security findings via RiskRecon's unique Risk Priority Matrix, quick start guide, and access to Solutions Consulting team.

riskrecon.com
2Enterprise Subscription - Full platform access with custom scope
ModelSubscriptionBilling cadenceAnnual
Notes

Annual subscription model with pricing based on vendor portfolio size and feature set. Quote-based pricing not publicly disclosed.

riskrecon.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 6 records shown
1RiskRecon Cyber Ratings
Description

Automated cybersecurity risk ratings platform providing external assessments of organizations' security postures.

riskrecon.com
+5 more records
Core offering1 text field

RiskRecon is a continuous external cybersecurity assessment platform that monitors and rates organizations' internet-facing systems and security posture. It provides third-party risk management through automated cyber ratings, privacy ratings, custom-tuned assessments, and supply chain risk visibility, enabling enterprises to evaluate and continuously monitor the cyber performance of their vendors and partners.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 33% increase in third-party risk visibility when using combined Recorded Future + RiskRecon platform
+3 more records
Product overview1 text field

RiskRecon, now part of Mastercard, offers a unified third-party risk management platform built around continuous cyber security monitoring. The core offering consists of RiskRecon Cyber Ratings (continuous vendor monitoring), RiskRecon Privacy Ratings (privacy assessment), and RiskRecon Assessments (customized evaluations), complemented by Threat Protection by Mastercard for threat intelligence. Additional modules include Cyber Quant for financial risk quantification, Systemic Risk Assessment for supply chain analysis, My Cyber Risk for SMBs, and Onboard Risk Check for vendor onboarding. The platform integrates the RiskRecon ratings capability with Mastercard's threat intelligence infrastructure following the acquisition.

Product and service1 record
1RiskRecon Cyber Ratings
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

RiskRecon ratings capability is integrated with Recorded Future's proprietary threat intelligence. The combined platform delivers approximately 33% increase in third-party risk visibility and saves 7 hours per week on manual research. RiskRecon was acquired by Mastercard which also owns Recorded Future.

Strategic tierStrategicTypeStrategic or Co-development Partner
Description

Mastercard partnered with Cloudflare to develop cybersecurity tools aimed at protecting small businesses, critical infrastructure, and governments from cyber threats. The partnership includes attack surface monitoring, real-time cyber posture assessment, and risk mitigation capabilities.

Strategic tierStrategicTypeStrategic or Co-development Partner
Description

Mastercard announced partnership with VikingCloud as part of cybersecurity initiatives including the Mastercard Business Builder program and Trust Center solutions to help SMEs address cyber threats.

Strategic tierStrategicTypeStrategic or Co-development Partner
Description

Mastercard Cybersecurity, including RiskRecon, was named an American Hospital Association preferred cybersecurity service provider for Third-Party and Supply Chain Monitoring, supporting the nation's hospitals with cybersecurity risk management.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

SecurityScorecard is a direct competitor in cybersecurity risk ratings, offering continuous external security ratings, vendor risk management, and third-party risk workflows targeting the same enterprise buyers as RiskRecon.

TypeDirect peer
Description

BitSight is a direct competitor in the cyber risk ratings market, providing continuous security performance monitoring and analytics for enterprises and third-party risk programs, overlapping closely with RiskRecon's core offering.

TypeDirect peer
Description

UpGuard is a direct competitor offering external attack surface monitoring and vendor risk ratings, serving similar enterprise customers with comparable continuous cyber risk assessment capabilities.

TypeDirect peer
Description

Panorays is a direct competitor focused on third-party security risk management, combining external attack surface assessments with questionnaire automation — competing head-to-head with RiskRecon in the TPRM space.

TypeDirect peer
Description

CyberGRX is a TPRM-focused competitor offering vendor cyber risk assessments and a third-party risk exchange, serving overlapping enterprise customers looking to operationalize third-party risk programs.

TypeDirect peer
Description

ProcessUnity provides third-party risk management workflows and automation, often paired with cyber ratings data — competing with RiskRecon's adjacent assessments and workflow modules in the same enterprise TPRM deals.

TypeDirect peer
Description

Prevalent offers third-party risk management combining vendor assessments, threat intelligence, and continuous monitoring — overlapping with RiskRecon's TPRM and supply chain monitoring capabilities.

TypeBroad incumbent
Description

OneTrust is a broad GRC, privacy, and TPRM platform that includes third-party risk workflows and integrations with cyber ratings providers — competing with RiskRecon as a wider governance suite rather than a specialist ratings vendor.

TypeOthers
Description

Recorded Future, also owned by Mastercard, is integrated with RiskRecon to deliver combined threat intelligence and ratings — functioning as a sister capability rather than a competitor, but a key enabling partner for RiskRecon's differentiated offering.

TypeDirect peer
Description

Black Kite is a direct competitor in cyber risk ratings and third-party risk management, providing external attack surface assessments and ransomware susceptibility scoring that overlap with RiskRecon's continuous monitoring capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

RiskRecon

Third-Party Cyber Risk Managementriskrecon.com

RiskRecon is a third-party cyber risk management SaaS platform that continuously monitors 196,000 organizations across 178 countries, delivering externally observable cybersecurity ratings, privacy assessments, and vendor remediation workflows. It serves large enterprises and regulated institutions in financial services, healthcare, manufacturing, and energy, and operates as a wholly-owned subsidiary of Mastercard following the 2025 acquisition.

What RiskRecon does

RiskRecon, founded in 2015 and headquartered in Murray (Salt Lake City), Utah with a secondary office in Boston, is a third-party cyber risk management SaaS provider that delivers continuous, externally observable cybersecurity and privacy ratings on organizations' internet-facing systems. The platform non-intrusively collects externally observable security indicators across 196,000 organizations in 178 countries, producing certified cyber ratings (99.1% independently certified accuracy), privacy ratings, custom-tuned assessments, automated vendor remediation workflows, and systemic supply chain risk analytics. Core technology is passive external scanning and asset attribution, augmented post-Mastercard acquisition by integration with Recorded Future's threat intelligence, and extended through add-on modules including Cyber Quant (financial risk quantification), Systemic Risk Assessment (fourth-party visibility), My Cyber Risk (SMB-focused), and Onboard Risk Check (vendor onboarding diligence).

RiskRecon monetizes through annual enterprise SaaS subscriptions priced by vendor portfolio size and feature scope, sold both directly and via authorized resellers, with a freemium 30-day trial covering up to 50 vendor ratings to seed product-led adoption into mid-market accounts. The go-to-market combines direct enterprise sales, a channel partner program, and Mastercard's global distribution network, targeting large enterprises and regulated institutions in financial services, healthcare, manufacturing, energy, and biotech. Following the January 2025 $350 million acquisition by Mastercard, RiskRecon operates as a wholly-owned subsidiary branded 'RiskRecon by Mastercard,' governed under Delaware law as RiskRecon Inc., and integrated into Mastercard's cybersecurity portfolio alongside Recorded Future, Cloudflare partnership assets, and VikingCloud channel partnerships.

RiskRecon firmographics

Firmographics
Name
RiskRecon
Legal name
RiskRecon Inc.
Website
https://riskrecon.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
101–250 employees
Short description
RiskRecon is a third-party cyber risk management SaaS platform that continuously monitors 196,000 organizations across 178 countries, delivering externally observable cybersecurity ratings, privacy assessments, and vendor remediation workflows. It serves large enterprises and regulated institutions in financial services, healthcare, manufacturing, and energy, and operates as a wholly-owned subsidiary of Mastercard following the 2025 acquisition.
Ownership category
akta.pro rank

RiskRecon industry classification

Industry
Product category
Third-Party Cyber Risk Management
NAICS
Security Systems Services (except Locksmiths) (561621)
SIC
Services-Consumer Credit Reporting, Collection Agencies (7320)
akta.pro primary industry
Risk Scoring, Fraud & Anomaly Detection (HDAAAHAD)
akta.pro secondary industry
Payments Fraud & Chargeback Prevention (HDADALAE)

Keywords

  • Third-party risk management
  • Cybersecurity risk ratings
  • Vendor cyber monitoring
  • Supply chain cybersecurity
  • Cyber risk quantification

Where RiskRecon is headquartered

Location

Headquarters

HQ city
Salt Lake City
HQ country
United States
HQ region
North America

Offices2 records

Markets served

RiskRecon business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. Subscription SaaS Platform Access: Annual subscription model for access to the RiskRecon cybersecurity risk ratings platform. Subscriptions are sold directly through Mastercard or through authorized resellers. Annual billing with multi-year contract options available. Includes portal access, vendor ratings, and assessment tools.

Pricing tiers

ModelBillingPrice
FreemiumMonthlyFree Trial - 30-day evaluation of up to 50 vendor ratings
SubscriptionAnnualEnterprise Subscription - Full platform access with custom scope

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

RiskRecon product offering

Product offering

Core offering

RiskRecon is a continuous external cybersecurity assessment platform that monitors and rates organizations' internet-facing systems and security posture. It provides third-party risk management through automated cyber ratings, privacy ratings, custom-tuned assessments, and supply chain risk visibility, enabling enterprises to evaluate and continuously monitor the cyber performance of their vendors and partners.

Product overview

RiskRecon, now part of Mastercard, offers a unified third-party risk management platform built around continuous cyber security monitoring. The core offering consists of RiskRecon Cyber Ratings (continuous vendor monitoring), RiskRecon Privacy Ratings (privacy assessment), and RiskRecon Assessments (customized evaluations), complemented by Threat Protection by Mastercard for threat intelligence. Additional modules include Cyber Quant for financial risk quantification, Systemic Risk Assessment for supply chain analysis, My Cyber Risk for SMBs, and Onboard Risk Check for vendor onboarding. The platform integrates the RiskRecon ratings capability with Mastercard's threat intelligence infrastructure following the acquisition.

Differentiator

Problem solved

Functional benefit

Brands

  • RiskRecon Cyber Ratings: Automated cybersecurity risk ratings platform providing external assessments of organizations' security postures.
  • RiskRecon Privacy Ratings
  • RiskRecon Assessments
  • Threat Protection by Mastercard
  • Cyber Quant by Mastercard
  • RiskRecon Academy

Products and services

  • RiskRecon Cyber Ratings

Quantifiable outcome

  • 33% increase in third-party risk visibility when using combined Recorded Future + RiskRecon platform
  • +3 more outcomes

Companies that use RiskRecon

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles1 record

RiskRecon technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

RiskRecon partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and strategic.

  • Recorded FuturecoreTechnology or IntegrationRiskRecon ratings capability is integrated with Recorded Future's proprietary threat intelligence. The combined platform delivers approximately 33% increase in third-party risk visibility and saves 7 hours per week on manual research. RiskRecon was acquired by Mastercard which also owns Recorded Future.
  • CloudflarestrategicStrategic or Co-development PartnerMastercard partnered with Cloudflare to develop cybersecurity tools aimed at protecting small businesses, critical infrastructure, and governments from cyber threats. The partnership includes attack surface monitoring, real-time cyber posture assessment, and risk mitigation capabilities.
  • VikingCloudstrategicStrategic or Co-development PartnerMastercard announced partnership with VikingCloud as part of cybersecurity initiatives including the Mastercard Business Builder program and Trust Center solutions to help SMEs address cyber threats.
  • American Hospital Association (AHA)strategicStrategic or Co-development PartnerMastercard Cybersecurity, including RiskRecon, was named an American Hospital Association preferred cybersecurity service provider for Third-Party and Supply Chain Monitoring, supporting the nation's hospitals with cybersecurity risk management.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

RiskRecon competitors and assessment

Company assessment

Direct peers

  • SecurityScorecard: SecurityScorecard is a direct competitor in cybersecurity risk ratings, offering continuous external security ratings, vendor risk management, and third-party risk workflows targeting the same enterprise buyers as RiskRecon.
  • BitSight: BitSight is a direct competitor in the cyber risk ratings market, providing continuous security performance monitoring and analytics for enterprises and third-party risk programs, overlapping closely with RiskRecon's core offering.
  • UpGuard: UpGuard is a direct competitor offering external attack surface monitoring and vendor risk ratings, serving similar enterprise customers with comparable continuous cyber risk assessment capabilities.
  • Panorays: Panorays is a direct competitor focused on third-party security risk management, combining external attack surface assessments with questionnaire automation — competing head-to-head with RiskRecon in the TPRM space.
  • CyberGRX: CyberGRX is a TPRM-focused competitor offering vendor cyber risk assessments and a third-party risk exchange, serving overlapping enterprise customers looking to operationalize third-party risk programs.
  • ProcessUnity: ProcessUnity provides third-party risk management workflows and automation, often paired with cyber ratings data — competing with RiskRecon's adjacent assessments and workflow modules in the same enterprise TPRM deals.
  • Prevalent: Prevalent offers third-party risk management combining vendor assessments, threat intelligence, and continuous monitoring — overlapping with RiskRecon's TPRM and supply chain monitoring capabilities.
  • Black Kite: Black Kite is a direct competitor in cyber risk ratings and third-party risk management, providing external attack surface assessments and ransomware susceptibility scoring that overlap with RiskRecon's continuous monitoring capabilities.

Broad incumbents

  • OneTrust: OneTrust is a broad GRC, privacy, and TPRM platform that includes third-party risk workflows and integrations with cyber ratings providers — competing with RiskRecon as a wider governance suite rather than a specialist ratings vendor.

Others

  • Recorded Future: Recorded Future, also owned by Mastercard, is integrated with RiskRecon to deliver combined threat intelligence and ratings — functioning as a sister capability rather than a competitor, but a key enabling partner for RiskRecon's differentiated offering.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

RiskRecon social profiles

Digital presence

RiskRecon compliance and trust

Trust signal

Compliance2 records

RiskRecon financial estimates

Financial estimate

Revenue estimate

Valuation estimate

RiskRecon leadership team

Management profile

Number of profiles

Profiles4 records

RiskRecon funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

RiskRecon M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RiskRecon

What does RiskRecon do?

RiskRecon is a continuous external cybersecurity assessment platform that monitors and rates organizations' internet-facing systems and security posture. It provides third-party risk management through automated cyber ratings, privacy ratings, custom-tuned assessments, and supply chain risk visibility, enabling enterprises to evaluate and continuously monitor the cyber performance of their vendors and partners.

Is RiskRecon a public or private company?

RiskRecon is a private company. It is classified as corporate owned and is currently operating.

When was RiskRecon founded?

RiskRecon was founded in 2015. It employs 101 to 250 people.

Where is RiskRecon based?

RiskRecon is headquartered in Salt Lake City, United States, in the North America region.

How does RiskRecon make money?

One revenue line is on record: subscription SaaS Platform Access.

Who are RiskRecon's main competitors?

Direct peers on record are SecurityScorecard, BitSight, UpGuard, Panorays, CyberGRX, ProcessUnity, Prevalent and Black Kite. OneTrust is listed as a broad incumbent. Recorded Future is listed as an others.

Does RiskRecon have an API?

No public API is recorded for RiskRecon.

What industry is RiskRecon in?

RiskRecon's product category is Third-Party Cyber Risk Management. Its primary akta.pro industry code is HDAAAHAD, Risk Scoring, Fraud & Anomaly Detection, with a secondary code of HDADALAE, Payments Fraud & Chargeback Prevention. Its NAICS code is 561621 and its SIC code is 7320.

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Live signals
BitsightBest Third-Party Risk Management Platforms for Financial Institutions in 2026This article is a comparative buyer's guide evaluating six third-party risk management (TPRM) platforms for financial institutions: Bitsight, OneTrust, ProcessUnity, Venminder, Archer, and RiskRecon. The guide assesses each platform across criteria including continuous monitoring capability, regulatory framework alignment, assessment automation, risk scoring, fourth-party visibility, and integration features. Bitsight is positioned as the leading platform, with the article highlighting its combination of continuous cyber risk intelligence, AI-driven workflow automation, and regulatory-grade reporting validated by third-party research including a 297% ROI study by Forrester.Recorded FutureThird-Party Risk Is an Intelligence Operation. It's Time We Treated It Like One.Recorded Future, a cybersecurity intelligence company, has been included in the 2026 Forrester Wave for Cybersecurity Risk Ratings Platforms, which the company views as validation that the third-party risk management market is shifting beyond standalone ratings toward integrated threat intelligence. The company argues that traditional hygiene-based vendor assessments are insufficient given the speed at which threat actors exploit vendor vulnerabilities, and has positioned its platform—combining its proprietary threat intelligence with the RiskRecon ratings capability it acquired—as the solution to this gap. Recorded Future cites customer data showing a roughly 33% increase in third-party risk visibility and 7 hours per week saved on manual research after adopting the platform.openPR.comVendor Risk Management Software Market Expected to Surpass USD 6.1 billion in Global Valuation by Key Players:RSA Security, LogicGate, RiskRecon,The global Vendor Risk Management Software market is projected to reach USD 6.1 billion by 2031, growing at a CAGR of 10.5% from 2025 to 2031. The market is estimated to hit USD 2.5 billion in 2024, driven by regulatory pressure and operational resilience needs.RiskreconRisk Management —RiskRecon by MastercardMastercard promotes its RiskRecon platform, highlighting capabilities for third-party and supply chain risk management through real-time visibility of cyber performance. The product emphasizes 99.1% certified data accuracy, custom-tuned assessments, and automated workflows to help organizations monitor their digital ecosystems.AInvestCORL Technologies and Mastercard's RiskRecon Partner to Enhance Healthcare Third-Party Risk IntelligenceCORL Technologies and Mastercard's RiskRecon announced a partnership to integrate AI-powered cybersecurity insights into CORL's third-party risk management platform for healthcare. The integration aims to provide continuous, expert-vetted intelligence on vendor security postures, enabling faster and more confident risk management.AInvestThe Strategic Partnership Between CORL Technologies and RiskRecon: A Game-Changer in Healthcare CybersecurityCORL Technologies and RiskRecon partnered to integrate AI-driven cybersecurity ratings into CORL's healthcare TPRM platform, addressing $10M average breach costs and 55% third-party-linked risks. The collaboration targets a $75.04B market by 2032, with CORL covering 70% of healthcare vendors and RiskRecon bringing $26.7M revenue.Market ScoopFraud Detection and Prevention Statistics and Facts (2025)This article compiles comprehensive statistics on the Fraud Detection and Prevention (FDP) market, showing significant growth from $14.37 billion in 2016 to $63.50 billion in 2023, driven by rising cyberattacks, identity theft, and payment fraud across banking and e-commerce sectors. Key fraud statistics reveal credit card fraud increased 13% with 440,666 reported cases in 2022, while retail experienced a 183% surge in suspected fraud attempt rates, and identity theft affected 33% of Americans. The article also documents recent M&A activity (Mastercard's $350M acquisition of RiskRecon, NICE's $250M purchase of Guardian Analytics), product launches (FICO's Falcon X), and funding rounds (Feedzai's $200M, Fraud.net's $70M Series C), alongside technological trends toward AI and machine learning adoption.RiskreconSecurity Ratings Data Accuracy CertificationRiskRecon's asset attribution has received an independent certification to an accuracy rate of 99.1%, highlighting the importance of accurate risk assessment in managing third and fourth-party risks. The certification was executed through a False Positive Review conducted by Stratum Security, involving a representative sample of companies to ensure reliable results. This underscores the critical need for precision in assessing security vulnerabilities within vendor ecosystems.RiskreconFree 30-Day Access: Vendor Risk & Security RatingsRiskRecon is offering a free 30-day trial of its portal, allowing organizations to assess the security ratings of up to 50 vendors to improve third-party risk management. The initiative aims to help businesses enhance their approach to cyber risks in the supply chain. This offering highlights the increasing importance of risk ratings platforms in today’s business landscape.RiskreconUse Case - Situational AwarenessThe article presents RiskRecon as a third-party risk management (TPRM) solution designed to enhance situational awareness and protect organizations from supply chain vulnerabilities. It highlights the platform's ability to monitor IT landscapes and fourth parties, citing that the median cost of extreme multi-party data breaches is $90 million. The text serves as a promotional overview of the software's capabilities for detecting and isolating critical risks.