Itway launches towards success with the cybersecurity agreement with Mastercard

Itway, a major company active in the IT, cyber security, artificial intelligence and big data industries, recently noticed a notable increase in its financial performance. This leap came following the announcement of a partnership deal with RiskRecon, a Mastercard subsidiary that specializes in cybersecurity. The new agreement should lead to an increase in Itway's turnover of 6 million euros over the next three years. Following this announcement, Itway's shares recorded a 17.6% increase, placing it at the top of the Piazza Affari.

An exclusive agreement for the Italian, Greek and Turkish markets

The strategic agreement is unique in that it names Itway as the only partner authorized to provide management services in the cyber risk exposure sector in Italy. In addition, Mastercard's RiskRecon Value Added Distribution (VAD) Agreement has been extended exclusively to Itway for the Greek and Turkish markets as well. This further solidifies Itway's position as a key player in the cybersecurity field in these regions.

An offering of cyber risk assessment and management services

The service offered by Itway, in collaboration with RiskRecon, allows companies to obtain a quantitative and objective assessment of their IT security level. This assessment, which includes an overall security score on an A to F scale, helps companies identify specific vulnerabilities in their system. Furthermore, Itway's services allow you to evaluate and monitor the security level of your suppliers and partners, ensuring that the entire supply chain complies with the required security standards.

Itway sees the partnership as a fundamental step for its strategic development

The president of Itway, G. Andrea Farina, declared that the partnership agreement with RiskRecon and CyberMonks represents an important step in the company's strategic development plan in the Cyber Security sector. According to Farina, the agreement will allow Itway to enrich its offer of security services with exclusive services with high added value. The experience of Itway's security teams, together with the solutions provided by Mastercard, represent a distinctive element in the Cyber Security sector and will allow Itway to offer its customers tools and services to address the increasingly complex issue of management in a structured way of cyber risk.