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Softcell & RiskRecon provide Security Risk Monitoring solutions to enterprises

By Gloria Mathias

October 19, 2023

  • cyber security solutions
  • Cybersecurity
  • Financial Crime

Mastercard, RiskRecon, Softcell, Cybersecurity, Risk Management, Financial Crime, Supply Chain Finance, India, Fintech Security, RiskTech,   Mastercard’s RiskRecon and Softcell, India’s System Integrator have announced a strategic collaboration to secure and manage supply chains and third-party vendor operations with Risk monitoring solutions to enterprises.

RiskRecon of Mastercard self-scan tool helps monitor the cybersecurity performance of organisations by employing non-invasive techniques to scan organisations’ public systems and analyse the cybersecurity risk posture of those systems.

Softcell partners with global OEMs and specialises in offering end-to-end IT Security and Cyber Security solutions to enterprises in India.

Softcell in partnership with RiskRecon supports enterprises in offering accurate, non-invasive visibility into their vendors’ security postures through Third Party Security Risk Monitoring. Reports generated by RiskRecon rank vulnerabilities in order of priority so that the enterprise can assess and know which issues to tackle first.

As part of Softcell’s initiative of helping organisations understand their cybersecurity and third-party security risk, it is offering a free security rating report in partnership with Mastercard RiskRecon. This free report provides a summary of an organisation’s current security risk rating using RiskRecon’s Third Party Security Risk Monitoring cyber risk assessment technology. The score allows enterprises to influence corrective action with risk-prioritised data based on issue severity.

Sunil Dalal, MD of Softcell Global Technologies said, “We are pleased to collaborate with Mastercard and take RiskRecon to customers who are looking for an additional layer of protection to keep their businesses safe from the ever-increasing cybersecurity risks. We understand that it is extremely critical for enterprises to understand their third-party risks, establish a patching cadence, and continuously monitor their supply chain for various security risks. We are confident that enterprises will gain a good insight into their third-party risk by utilising the free security report.”

Softcell as a partner of Mastercard RiskRecon aims to support and help enterprises to mitigate their enterprise risk by delivering continuous and regular assessments of their vendor risks.

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