BitSight Security Ratings vs. Nexis Diligence+

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BitSight Security Ratings
Score 7.6 out of 10
N/A
BitSight in Cambridge, Massachusetts offers an Internet security platform.N/A
Nexis Diligence+
Score 10.0 out of 10
N/A
Nexis Diligence uses enriched data from a number of content sources to offer a comprehensive, 360-view of any person or company. The service includes Dun & Bradstreet® UBO data on hundreds of millions of businesses and commercial entities worldwide, for visibility into hidden connections that may expose an organization to financial crime, bribery, or corruption. And Experian® business data enables users to make sassessments of the entities within a third-party network. Users can screen against…N/A
Pricing
BitSight Security RatingsNexis Diligence+
Editions & Modules
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Offerings
Pricing Offerings
BitSight Security RatingsNexis Diligence+
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
BitSight Security RatingsNexis Diligence+
Small Businesses

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Medium-sized Companies

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Enterprises
GEP SMART
GEP SMART
Score 7.6 out of 10
GEP SMART
GEP SMART
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BitSight Security RatingsNexis Diligence+
Likelihood to Recommend
5.0
(1 ratings)
8.7
(3 ratings)
User Testimonials
BitSight Security RatingsNexis Diligence+
Likelihood to Recommend
Bitsight Technologies
If you are considering BitSight Security Ratings as a portion or bulk of a larger vendor management project you will be well served in letting the risk scores be an indication of how closely you need to examine a vendor. However, you should not base your assessment solely on the risk score provided. The risk score is based on publicly available data and can be inaccurate.
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LexisNexis
I recommend it especially for companies with sensitive data such as hardware, IT, information and financial services companies.I believe and we believe that having a deep look at a collaborator or new client is important to prevent future costly problems. Understanding that the relationship is as transparent as possible.I imagine that it could also be used in the assessment of credits to a potential client or business partner.
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Pros
Bitsight Technologies
  • Security hygiene tracking over time
  • Understandable risk score based on observations
  • Predictability model of potential cyber security issues based on security habits.
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LexisNexis
  • reviews prior management employment
  • provides additional associations
  • shows peer comparisons and updates
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Cons
Bitsight Technologies
  • Since data is based on public registration IP and domain data can be stale depending on ISP/Domain registration update delays.
  • Correcting a false detection is a month-long endeavor and requires the company with the impacted score to clean up BitSight's data.
  • Customer service for incorrect data is convoluted and requires a deep understanding of domain registration to correct the data. The responsibility for correcting data is placed solely on the customer's shoulders.
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LexisNexis
  • Increase companies with information
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Alternatives Considered
Bitsight Technologies
BitSight Security Ratings ranks evenly with SecurityScorecard and both below OneTrust for our use case. We needed a platform that would let us define risk for our organization and weight scores differently based on data sensitivity. BitSight and SecurityScorecard are aggregate data that can provide insight into the security habits of a potential vendor and should be considered as an addition to most vendor management projects. However, they both provide metrics based on hygiene and not on data-defined risk. In concert with a platform to evaluate risk based on data and to inform the overall evaluation of a vendor, BitSight Security Ratings can be made to shine. Just understand that you may have to validate some data.
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LexisNexis
Cost, and Nexus was more focused for our needs.
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Return on Investment
Bitsight Technologies
  • Wasted resource hours cleaning up data to correct erroneous risk score.
  • Extra time spent addressing calls from clients about erroneous risk score data.
  • Extra time validating risk score provided by BitSight Security Ratings for potential vendors to ensure valid data.
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LexisNexis
  • Strong asset quality
  • Low loan allowance
  • Quality decisoning
  • Supplemental information on Borrowers
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