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Mastercard’s RiskRecon provides free cybersecurity tools for Canadian SMBs

The COVID-19 pandemic has resulted in a shift to digital technologies. Small businesses (SMBs) across Canada, with ongoing social distancing requirements, are moving their activities online and are facing higher exposure to cyber threats.

Mastercard, to help SMBs protect their operations has announced that its RiskRecon is providing Canadian small businesses free cybersecurity assessments through December 31, 2020.

The RiskRecon cyberhealth assessment helps businesses identify and address potential vulnerabilities in their systems. It enables SMBs to stay ahead of cybercriminals by monitoring and catching vulnerabilities, so they can focus on growing their business, instead of cyber-attacks.

RiskRecon makes it easy to gain deep, risk contextualised insight into the cybersecurity risk performance of third parties.  Its assessments are custom-fitted to match clients risk appetite and are built on RiskRecon’s core proprietary differentiation which provides the ability to automatically risk prioritise issues based on issue severity and the system value at risk. It provides risk assessment automation that streamlines every stage of vendor cyber risk management process.

RiskRecon’s enterprise risk management solution through its Benchmarking delivers data-driven, objective analytics that enables clients to baseline and compare the organisation’s performance against peers.  With free access to RiskRecon’s ‘My Cyber Risk’ service and portal, SMBs will receive continuous cyberhealth assessments along with actionable recommendations on stregthening their cybersecurity posture.

“Small businesses are the lifeblood of our economy and now, more than ever, it’s vital that they be protected. Mastercard has a proud history of supporting small businesses in Canada and we’re building on that by providing free access to the resources small businesses need to safeguard their systems now, and for the future,” said Sue Hutchison, senior vice president of Product, Digital and New Payments for Mastercard in Canada.

Founded in 2013, RiskRecon provides a SaaS platform that helps organisations more effectively manage the risk reality of increasingly interconnected IT ecosystems by delivering frequent, comprehensive and actionable security performance measurements. Using safe, non-invasive techniques, RiskRecon helps hundreds of organisations better understand and act on their enterprise cybersecurity health by continuously discovering their digital footprint and assessing their cybersecurity across 40 security criteria.

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