{"id":61754,"date":"2025-08-21T04:05:38","date_gmt":"2025-08-21T02:05:38","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/corl-technologies-and-riskrecon-by-mastercard-partner-to-deliver-continuous-actionable-third-party-risk-intelligence-for-healthcare\/"},"modified":"2025-08-21T04:05:38","modified_gmt":"2025-08-21T02:05:38","slug":"corl-technologies-and-riskrecon-by-mastercard-partner-to-deliver-continuous-actionable-third-party-risk-intelligence-for-healthcare","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/corl-technologies-and-riskrecon-by-mastercard-partner-to-deliver-continuous-actionable-third-party-risk-intelligence-for-healthcare\/","title":{"rendered":"CORL Technologies and RiskRecon by Mastercard Partner to Deliver Continuous, Actionable Third-Party Risk Intelligence for Healthcare"},"content":{"rendered":"<div>\n<p>ATLANTA&#8211;(BUSINESS WIRE)&#8211;Healthcare remains the most targeted industry for cyberattacks, with third-party suppliers implicated in the majority of major breaches. In fact, supplier-related incidents accounted for <b>over 55% of healthcare breaches in 2024<\/b>, and the <b>average cost of a healthcare data breach exceeded $10 million<\/b>. For organizations entrusted with protected health information (PHI) and critical patient services, <b>continuous supplier oversight is no longer optional \u2014 it\u2019s essential<\/b>.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20250820551239\/en\/2557526\/5\/corl-logo-color.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250820551239\/en\/2557526\/22\/corl-logo-color.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20250820551239\/en\/2557526\/5\/corl-logo-color.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250820551239\/en\/2557526\/21\/corl-logo-color.jpg\"><\/a><\/p>\n<p>\nCORL Technologies, the healthcare industry\u2019s leading managed third-party risk management (TPRM) solution, today announced a strategic partnership with Mastercard.<\/p>\n<p>\nThe collaboration will integrate Mastercard\u2019s RiskRecon platform, which provides continuous cyber risk scoring and AI-enabled threat protection capabilities directly into CORL\u2019s end-to-end TPRM platform \u2014 purpose-built for healthcare.<\/p>\n<p>\nThis partnership will transform supplier oversight from point-in-time snapshots into continuous, expert-vetted intelligence \u2014 without requiring clients to juggle multiple platforms or licenses.<\/p>\n<p>\n<i>\u201cOur clients don\u2019t need more raw data \u2014 they need the right insights at the right time,\u201d<\/i> said Jay Stewart, CRO of CORL Technologies. <i>\u201cThis partnership with RiskRecon elevates our ability to provide healthcare-specific, human-interpreted risk intelligence that helps organizations act faster, with greater confidence.\u201d<\/i><\/p>\n<p>\n<b>Why This Matters in Healthcare<\/b><\/p>\n<p>\nHealthcare supplier ecosystems are vast, complex, and often under-monitored\u2014spanning thousands of partners that handle PHI, sensitive systems, or regulated data. A single supplier weakness can cascade into HIPAA violations, operational disruption, and reputational damage.<\/p>\n<p>\nBoards, regulators, and compliance leaders now demand proof of <i>continuous<\/i> oversight, not just annual check-ins. The CORL + RiskRecon integration addresses this by delivering real-time, healthcare-specific cyber risk intelligence \u2014 powered by AI and interpreted by risk advisors \u2014 so security teams can detect, prioritize, and act on emerging threats faster than ever before.<\/p>\n<p>\n<b>About CORL TPRM<\/b><\/p>\n<p>\nCORL\u2019s Third-Party Risk Management (TPRM) program is built on flexibility, trust, and healthcare-specific expertise. We meet organizations wherever they are in their supplier risk journey \u2014 whether building a program from scratch, optimizing existing processes, or scaling oversight to hundreds of suppliers.<\/p>\n<p>\nOur model blends advanced technology with strategic advisory services from seasoned healthcare security and compliance professionals. We flex with your program\u2019s needs \u2014 delivering everything from rapid assessments to continuous monitoring \u2014 while providing trusted guidance to strengthen governance, streamline supplier relationships, and ensure regulatory alignment.<\/p>\n<p>\nRiskRecon by Mastercard provides CORL clients with<b> <\/b>the same trusted intelligence used by some of the world\u2019s most security-conscious enterprises. Recognized globally for its accuracy, objectivity, and depth of insights, RiskRecon sets the standard for vendor cyber risk measurement, making it the ideal technology backbone for CORL\u2019s managed service model.<\/p>\n<p>\nWith CORL, supplier risk management becomes a living, strategic function \u2014 designed to protect patients, safeguard sensitive data, and support organizational goals.<\/p>\n<p>\n<b>What the CORL + RiskRecon Partnership Delivers<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\n<b>Integrated RiskRecon Scores<\/b> \u2014 Baseline and trending supplier risk scores built directly into CORL Impact Reports.<\/li>\n<li>\n<b>On-Demand Snapshot Reports<\/b> \u2014 Immediate supplier summaries to support fast, informed decisions.<\/li>\n<li>\n<b>Continuous Monitoring<\/b> \u2014 Automated alerts for score changes and emerging risks, interpreted by CORL\u2019s healthcare security advisors.<\/li>\n<li>\n<b>Healthcare-Specific Context<\/b> \u2014 RiskRecon\u2019s AI-driven intelligence layered with CORL\u2019s human-in-the-loop expertise.<\/li>\n<\/ul>\n<p>\n<b>Why It Matters for Healthcare Organizations<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\n<b>Faster Decisions<\/b> \u2014 Supplier assessments and monitoring that once took weeks now deliver actionable insight in near real-time.<\/li>\n<li>\n<b>Reduced Manual Overhead<\/b> \u2014 CORL handles monitoring, interpretation, and reporting\u2014no extra platforms to manage.<\/li>\n<li>\n<b>Stronger Oversight<\/b> \u2014 Continuous monitoring helps clients catch emerging risks early and demonstrate due diligence to boards, regulators, and audit committees.<\/li>\n<\/ul>\n<p>\n<b>How It Works<\/b><\/p>\n<ol class=\"bwlistdecimal\">\n<li>\nClients add suppliers to their CORL inventory.<\/li>\n<li>\nCORL continuously monitors RiskRecon scores for changes.<\/li>\n<li>\nSignificant shifts trigger immediate review and client notification.<\/li>\n<li>\nClients access the latest insights anytime, all within CORL\u2019s managed service model.<\/li>\n<\/ol>\n<p>\n<b>About CORL Technologies<\/b><\/p>\n<p>\nCORL delivers smarter, faster supplier risk management for healthcare \u2014 combining a healthcare-focused supplier risk data clearinghouse, expert-led managed services, and continuous monitoring capabilities. CORL empowers payors, providers, and healthcare suppliers to manage risk with velocity and confidence \u2014 without overwhelming internal teams. For more information, visit: <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorltech.com%2Friskrecon%2F&amp;esheet=54310419&amp;newsitemid=20250820551239&amp;lan=en-US&amp;anchor=www.corltech.com%2Friskrecon&amp;index=1&amp;md5=acc4292553e6488bea257ad1bd409666\" rel=\"nofollow\" shape=\"rect\">www.corltech.com\/riskrecon<\/a>.<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\n<b>Media Contact:<\/b><br \/>Kate Cazzola<br \/>\n<br \/>Chief Marketing Officer, CORL Technologies<br \/>\n<br \/><a target=\"_blank\" href=\"&#x6d;&#97;i&#x6c;&#x74;&#111;:&#x6b;&#97;t&#x65;&#x2e;&#99;a&#x7a;&#122;o&#x6c;&#x61;&#64;c&#x6f;&#x72;&#108;&#x74;&#x65;&#99;h&#x2e;&#x63;&#111;m\" rel=\"nofollow\" shape=\"rect\">&#107;&#x61;t&#101;&#x2e;&#99;&#x61;z&#122;&#x6f;l&#x61;&#x40;&#99;&#x6f;r&#108;&#x74;e&#x63;&#x68;&#46;&#x63;o&#109;<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA&#8211;(BUSINESS WIRE)&#8211;Healthcare remains the most targeted industry for cyberattacks, with third-party suppliers implicated in the majority of major breaches. In fact, supplier-related incidents accounted for over 55% of healthcare breaches in 2024, and the average cost of a healthcare data breach exceeded $10 million. For organizations entrusted with protected health information (PHI) and critical patient &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/corl-technologies-and-riskrecon-by-mastercard-partner-to-deliver-continuous-actionable-third-party-risk-intelligence-for-healthcare\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-61754","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CORL Technologies and RiskRecon by Mastercard Partner to Deliver Continuous, Actionable Third-Party Risk Intelligence for Healthcare - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/corl-technologies-and-riskrecon-by-mastercard-partner-to-deliver-continuous-actionable-third-party-risk-intelligence-for-healthcare\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORL Technologies and RiskRecon by Mastercard Partner to Deliver Continuous, Actionable Third-Party Risk Intelligence for Healthcare - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"ATLANTA&#8211;(BUSINESS WIRE)&#8211;Healthcare remains the most targeted industry for cyberattacks, with third-party suppliers implicated in the majority of major breaches. 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