CORL Technologies Partners with Mastercard’s RiskRecon to Strengthen Healthcare Cybersecurity

CORL Technologies and RiskRecon by Mastercard Entered into a Partnership for a Strong Purpose

Announcement

CORL Technologies, the leading healthcare company managing third-party risk management (TPRM) solutions, has entered a partnership with Mastercard.  The partnership will merge Mastercard’s excellent risk-recon platform, which enables constant cyber risk evaluation and AI-powered threat protection potential, with CORL’s end-to-end TPRM platform. The collaboration will transition supplier oversight from real-time to constant expert monitoring. This will make it easy for clients to stick to one platform or license.

Need for this Intervention in the Healthcare Sector

The healthcare supplier ecosystem is massive, complicated, and frequently under monitored, spanning over nine thousand partners that manage confidential systems, regulated data, or PHI. A single supplier’s weakness can lead to HIPAA violations, reputation damage, and operational disturbance. The regulators, compliance, and board leaders are now asking for evidence of constant oversight along with annual check-ins. The CORL and riskrecon’s integration identifies this concern by providing healthcare-related cyber risk intelligence in real-time. It is introduced by AI and explained by risk advisors. On this basis, the security teams will be able to address, act, and prioritize growing threats quickly. The faster decisions and minimal manual overhead are essential to healthcare organizations. This partnership will reshape the healthcare sector.

The minimal manual overhead will be supported by CORL’s monitoring, explanation, and reporting with no more platforms to manage. The constant monitoring helps clients detect increasing risks before time and elaborate due diligence to regulators, audit committees, and boards. Healthcare happens to be more attractive for cybercriminals, and so the cyberattacks increase mainly with third-party suppliers, resulting most crucial breaches of all time. The supplier-based incidents accounted reported over 55% of healthcare breaches last year in 2024, and the average cost of a healthcare data breach skyrocketed by $10 million. The organizations that invested trust in protected health information (PHI) and complete patient services, continued supplier oversight, making it an essential aspect and not an option.

What will the Partnership Between CORL and Riskrecon Offer?

The integration with RiskRecon highlights trending supplier risk and baseline points that will be formed into the CORL impact reports. The on-demand snapshots reports will provide quick supply summaries to help make fast, detailed decisions. The constant monitoring automates alerts for point changes and growing risk factors, which is explained by CORL’s healthcare security advisors. The healthcare-specific context will accelerate riskrecon’s AI-fueled intelligence covered with CORL’s human-in-the-loop expertise.