Inspira partners with RiskRecon, a MasterCard company to offer comprehensive enterprise risk management program

Inspira is delighted to enter into new associations and partnerships yet again!

In a complex and vast spread of digital footprint when businesses are growing and organizations are either collaborating or outsourcing their support service requirements to external organizations / suppliers, Supply Chain has never been challenged to the levels where the entire eco-system is being questioned in context of Cyberthreats.

Setting up a Third-Party Risk Management program is a complex process that involves managing hundreds, or even thousands, of vendors across multiple continents and legal jurisdictions. For every vendor a company takes on, they must consider dozens of third-party risks, including financial risks, cyber security exposures, legal actions, and performance failures that could ultimately disrupt their organization.

Inspira has developed a framework which allows organization to profile their partners/vendors in identifying, profiling, creating contextualized risk models and developing strategies to mitigate the risk for assets hosted On-premises or on CLOUD.

The INSPIRA / RiskRecon @A Company of MasterCard partnership will go a long way in providing a comprehensive As-A-Service offering for our customer to help them solve their third-party cybersecurity risk at the speed of business.

TPRM solution As-A-Service model, streamlines customers vendor security risk management program, saving customer’s third-party risk team time and money & in turn give a 360degree overview of their Risk Posture, in a continuous basis. It caters not only Technology Control risk, but also Geo-related, Credit & Financial and Business Risk, as a comprehensive Enterprise Risk Management.

It enables

  • Maximize Efficiency
  • Onboard new vendors faster
  • Assess existing vendors more efficiently
  • Focus on the lowest-performing vendors
  • Automatically create vendor action plans tuned to your risk priorities
  • Verify vendor issue remediation
  • Automated Risk Prioritization

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