Whistic Announces New Product Offering to Modernize Third-Party Risk Management

Whistic, the leading provider of AI-first third-party risk management (TPRM), today announced a strategic partnership and new product offering with Mastercard that promises to revolutionize how organizations manage and mitigate third-party risk. The new product brings together Mastercard’s comprehensive RiskRecon cybersecurity ratings with Whistic’s end-to-end third-party risk management platform, offering users unparalleled capabilities to assess, monitor, and act on risks more effectively. As a part of this announcement, customers can now enhance their new or existing RiskRecon agreement with this new product, RiskRecon Assessments Powered by Whistic.

Customers Achieve Better Risk Outcomes with Whistic and RiskRecon
The RiskRecon + Whistic strategic partnership empowers organizations to drive better risk outcomes by seamlessly integrating outside-in risk insights from RiskRecon with inside-out vendor risk assessments from Whistic. This 360-degree approach ensures that businesses can act decisively on risk by having a more complete view of their cybersecurity landscape.

The infosec leader from a top national insurance company explains: “The combination of Whistic’s AI-first security assessments with RiskRecon’s risk scoring gives us an accurate, real-time snapshot of our vendor risk. Information that once lived across email, documents, and multiple applications is now in a single source—so we’ve gone from ‘let me get back to you’ to an immediate response when TPRM questions arise. The value has been tremendous”

This announcement not only builds upon tangible value already experienced by the two companies’ existing joint customer base, but also responds directly to customer feedback received through years of collaboration on the joint integration.

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“We’ve fielded requests from a lot of customers over the years and see significant pent-up demand for this,” said Whistic CEO Nick Sorensen. “We’re looking forward to making it easier for RiskRecon customers to do business with us as a combined offering.”

Combined Capabilities for Enhanced Risk Management
The integration of RiskRecon’s ratings into Whistic’s AI-first TPRM platform brings powerful benefits to users:

• Easy to Get Started: Customers can purchase RiskRecon Assessments Powered by Whistic directly from Mastercard and experience the power of streamlined TPRM by simply adding their RiskRecon API key.
• End-to-End TPRM Workflow: Run a complete TPRM process within Whistic’s platform while leveraging RiskRecon’s data to drive better risk outcomes.
• Exchange-Based Triage & Assessment: Access RiskRecon ratings directly from a vendor’s profile within the Whistic Trust Catalog, enabling swift and early action based on comprehensive risk insights.
• Assess & Continuously Monitor: Leverage RiskRecon ratings across an entire vendor inventory in conjunction with in-depth risk assessments powered by Whistic’s Suite of AI capabilities. This allows for more proactive risk management and ongoing monitoring.

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