Healthcare remains the industry most frequently targeted by cyberattacks, with third-party suppliers implicated in over 55% of healthcare breaches in 2024. The average cost of a healthcare data breach has exceeded $10 million. To address this, CORL Technologies, a managed third-party risk management (TPRM) solution for healthcare, has announced a strategic partnership with RiskRecon by Mastercard to integrate continuous, AI-powered cybersecurity insights directly into CORL’s platform.
This collaboration aims to transform supplier oversight from periodic assessments to continuous, expert-vetted intelligence. The integration seeks to provide healthcare organizations with real-time insights without requiring the management of multiple platforms or licenses. “Our clients don’t need more raw data — they need the right insights at the right time,” said Jay Stewart, CRO of CORL Technologies. “This partnership with RiskRecon elevates our ability to provide healthcare-specific, human-interpreted risk intelligence that helps organizations act faster, with greater confidence.”
Healthcare supplier ecosystems are extensive and complex, often encompassing thousands of partners handling protected health information (PHI), sensitive systems, or regulated data. A single supplier vulnerability can lead to HIPAA violations, operational disruption, and reputational damage. Boards, regulators, and compliance leaders are increasingly requiring continuous oversight rather than annual reviews. The CORL + RiskRecon integration is designed to deliver real-time, healthcare-specific cyber risk intelligence, powered by AI and interpreted by risk advisors, enabling security teams to detect, prioritize, and act on emerging threats more rapidly.
The partnership delivers several key features, including integrated RiskRecon scores for baseline and trending supplier risk, on-demand snapshot reports for immediate decision support, and continuous monitoring with automated alerts for score changes and emerging risks. These alerts are interpreted by CORL’s healthcare security advisors, and RiskRecon’s AI-driven intelligence is layered with CORL’s human expertise to provide healthcare-specific context.
For healthcare organizations, this collaboration is intended to facilitate faster decisions by providing actionable insights in near real-time, reducing manual overhead as CORL manages monitoring, interpretation, and reporting, and strengthening oversight through continuous monitoring to help identify emerging risks early and demonstrate due diligence to boards, regulators, and audit committees.
The process involves clients adding suppliers to their CORL inventory. CORL then continuously monitors RiskRecon scores for changes. Significant shifts trigger immediate review and client notification, with clients accessing the latest insights within CORL’s managed service model.
CORL Technologies provides supplier risk management for healthcare, offering a healthcare-focused supplier risk data clearinghouse, expert-led managed services, and continuous monitoring capabilities. The company aims to help payors, providers, and healthcare suppliers manage risk efficiently.
RiskRecon, a Mastercard company, offers AI-powered cybersecurity ratings and continuous monitoring. The platform assists organizations in objectively assessing and managing third- and fourth-party risks by providing data-driven insights to promote proactive security postures.
