RiskRecon and CyberGRX provide orgs with a contextual view of their third-party cyber risk

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RiskRecon and CyberGRX announced a strategic partnership to provide organizations with a complete, contextual view of their third-party cyber risk posture. CyberGRX customers can now view RiskRecon ratings for every vendor in the CyberGRX Exchange based on continuously updated data.

The customizable interactive widget enables users to drill down for detailed information on the ratings, which are uniquely risk prioritized based on a combination of issue severity and asset value. In addition, joint customers can easily login to the RiskRecon console through the widget.

As our digital ecosystem continues to expand and becomes more complex, the challenge of managing an organization’s risk surface has never been greater. Traditional risk assessments performed annually or bi-annually are outdated and do not reflect today’s rapidly changing digital ecosystem.

New research from RiskRecon and Cyentia Institute reveals that while 79% of firms have a third-party risk management (TPRM) program, only 14% are confident that vendors actually trust third parties’ security matches responses from their questionnaires.

Security professionals are desperately looking for new ways…

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