Source: Cyber Monks

Cyber Monks, a well-established managed security services distributor, has joined forces with Mastercard to launch the first cyber marketplace aiming to simplify the acquisition of cybersecurity solutions, ensuring that they are tailored to address the unique challenges faced by small and medium-sized enterprises.

In our digital economy, cyber risk poses an ever increasing threat to businesses and their customers alike. This partnership between Cyber Monks and Mastercard will allow SME businesses to access the latest suite of RiskRecon by Mastercard cybersecurity solutions which include analysis and reporting of third-party risk and supply chains, tailored to the needs of their business from an online marketplace.

SME businesses will be able to access the new cutting edge marketplace here: WWW.Cybermarket-place.com and find;

• Insightful evaluations of their cybersecurity stance,
• Evaluation of their supply chains and third-party vendors to enable them to secure their supply chain,
• Assistance in adhering to compliance standards like ISO 27001, DORA, and NIS

Importantly, this venture is the first of its kind for Cyber Monks, offering a white-labeled cybersecurity marketplace with co-branding opportunities. This allows Managed Service Providers (MSPs), Telecom companies, and financial institutions to seamlessly present these solutions to their customers.

In addition to the cybersecurity solutions users can access the global support center offering assistance in German and English, with French, Spanish, and Italian support due to launch in early 2024.

All Mastercard credit card holders are in for exclusive deals through the Mastercard Business Bonus Program.

Additionally, starting January 2024, the cybersecurity marketplace will join Mastercard’s Priceless Planet Coalition program and will support their goal of restoring 100 million trees globally by 2025.

This platform functions on a Software as a Service (SaaS) framework, providing monthly subscriptions and accepting a range of popular payment options.

Anas Handous, CEO of Cyber Monks, remarked, “Our strides to simplify the intricate cybersecurity marketplace have been significant. Now, with the co-branded online marketplace by Mastercard, we’ve leapt even further. SMEs, service providers, and their clients can effortlessly cherry-pick and subscribe to top-tier cybersecurity solutions, akin to subscribing to a beloved streaming service. We aim to reduce complexity, ensuring our clientele can readily deploy state-of-the-art cybersecurity tools against the mounting tide of cyber threats.”

Rigo Van den Broeck, EVP, Cybersecurity Product Innovation, Mastercard said “In today's digital world, trust is the vital link between businesses and their customers. Mastercard’s cybersecurity solutions provide protection to both the business but also enable them to secure their supply chain. By increasing the availability of our cybersecurity solutions to these SME’s, we are helping them protect their business and that vital relationship with customers.”