Softcell to offer Mastercard’s cybersecurity platform in India

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Mumbai: Softcell to offer Mastercard’s cybersecurity platform RiskRecon to its customers across India. Mastercard has collaborated with Mumbai-based IT service provider and system integrator Softcell Technologies Global Pvt. Ltd. (Softcell).

Under this partnership, Softcell as a channel partner for Mastercard will offer RiskRecon, a third-party cyber risk management platform to its customers across India.

Softcell will introduce RiskRecon to its customer base across various industries and help them implement a robust digital safety framework. With over 200 certified professionals across key domains, it offers a consulting-based approach to help businesses streamline their IT strategy to optimize and secure their infrastructure.

RiskRecon is a Mastercard cybersecurity product that enables organisations to assess and manage cybersecurity threats which occur across supply chains and third-party vendors. Its self-scan tool helps monitor the cybersecurity performance of organisations by employing non-invasive techniques to scan organisations’ public systems and analyze the cybersecurity risk posture of those systems.

“We are pleased to collaborate with Mastercard and take RiskRecon to customers who are looking for an additional layer of protection to keep their businesses safe from the ever-increasing cybersecurity risks. We look forward to working with Mastercard to educate the market via workshops on RiskRecon to help prevent cyber threats,” said Sunil Dalal, MD of Softcell Global Technologies.

“With RiskRecon’s unique scanning and evaluation technologies, businesses can proactively manage cyber risks, and safeguard critical intellectual property, consumer and payment data,” said Joy Sekhri, VP – Cyber and Intelligence Solutions, South Asia, Mastercard.

“This collaboration is in line with our commitment to building a safe and secure cyberspace, and we are delighted to work together with Softcell to deliver real-time, continuous information enabling customers to discover and pre-solve issues and defend their business from cyber threats,” added Sekhri.

It is estimated that globally by 2023, a business will fall victim to a ransomware attack every 11 seconds. In addition, India was among the top three most-affected nations in Asia in 2021 when it comes to cyberattacks.

Outdated systems and processes, fragmented and disorganised cybersecurity infrastructure and limited understanding of cybersecurity have left India vulnerable to national and international cyberattacks. With cybersecurity threats increasing by the day, it is critical to ensure the internet remains a safe place for all.

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