SAN FRANCISCO, March 5, 2019 /PRNewswire/ -- RSA Conference -- RiskRecon today announced a partnership with RSA, which includes joint sales and marketing efforts to help customers better manage their digital risk related to third-party vendors.
A recent Deloitte survey found that 87 percent of organizations have had a disruptive incident with a third-party vendor within the past three years, and the worst of them have caused business-critical problems. "Given how widespread and impactful issues related to third parties have become, it's clear that organizations must manage third-party risk more actively," said David Walter, Vice President of RSA Archer. "By partnering with RiskRecon, we can better enable customers to minimize risk by establishing continuous, actionable visibility into the security of their third parties."
RSA is positioned as a Leader in the 2018 Gartner Magic Quadrant for Integrated Risk Management, which included evaluation of the RSA Archer® Third Party Governance solution as part of RSA Archer® Suite. RSA Archer Third Party Governance automates and streamlines oversight of vendor relationships, facilitating the key activities necessary to fulfill regulatory obligations and best practices across the entire third-party management lifecycle. It provides organizations with the capability to capture prospective relationships, engage affected stakeholders, and assess contract risk, financial wherewithal, and inherent and residual risks across multiple risk categories.
RiskRecon is a cybersecurity risk ratings company focused on third- and fourth-party vendor risk. The company's platform was ranked a Leader in The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018. RiskRecon provides the data and insights to continuously monitor vendor security risk performance and collaborate with them on these issues. RiskRecon is the only cybersecurity risk-rating solution that delivers risk-prioritized assessments and action plans that are custom tuned to match an organization's priorities.
"We are super pleased to partner with RSA to bring a new use case to RSA Archer's third-party management solution," said Kelly White, co-founder and CEO of RiskRecon. "This partnership will provide customers with single-pane-of-glass visibility into objectively verified security questionnaire responses. This saves analysts significant time and yields better third-party risk outcomes."
Meet RiskRecon at the RSA Conference
RiskRecon will be exhibiting at the world's largest cybersecurity conference, March 4-8 in San Francisco. Visit booth #4609 to see demos of RiskRecon and learn more about its partnership with RSA.
RiskRecon is the only continuous vendor monitoring solution that delivers risk-prioritized action plans custom-tuned to match an organization's risk priorities, providing the world's easiest path to understanding and acting on third-party cyber risk. The company partners with organizations of all sizes to build scalable, third-party risk management programs which help them realize dramatically better risk outcomes. To learn more about RiskRecon's approach, request a demo or visit the website at www.riskrecon.com.