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Bitsight Third-Party Risk Management vs. OneTrust Third-Party Management

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Bitsight Third-Party Risk Management

    Score7.8 out of 10
    N/ABitsight provides comprehensive, AI-accelerated visibility into your vendors, assets, and digital footprint of every third party (and beyond) in your network, whether you work with them directly or indirectly.N/A

    OneTrust Third-Party Management

    Score7.7 out of 10
    N/AA data-driven automation solution for the management of third-party risk. The OneTrust Third-Party Management solution lets organizations shift from a questionnaire-first to a risk-based approach by integrating data to streamline and secure their third-party ecosystem.N/A
    Pricing
    Bitsight Third-Party Risk ManagementOneTrust Third-Party Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Bitsight Third-Party Risk ManagementOneTrust Third-Party Management
    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
    User Ratings
    Bitsight Third-Party Risk ManagementOneTrust Third-Party Management
    Likelihood to Recommend
    8.0
    (2 ratings)
    -
    (0 ratings)
    Usability
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Bitsight Third-Party Risk ManagementOneTrust Third-Party Management
    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.
    Incentivized
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    OneTrust
    No answers on this topic
    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.
    Incentivized
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    OneTrust
    No answers on this topic
    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.
    Incentivized
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    OneTrust
    No answers on this topic
    Usability
    Bitsight Technologies
    Great look and feel, intuitive in most modules, and has great features to gather the right info and process it at high speed. Good and usefull dashboards for our own, and has also proved to be very good when you are on the vendor side of the solution and need to send info to your customers
    Incentivized
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    OneTrust
    No answers on this topic
    Alternatives Considered
    Bitsight Technologies
    We evalauted Security Scorecard as another option at some point, the tools have many similar features when we analyze them, basically we had a great deal with our regular security partners and finally decided for Bitsight, but to be honest we did not have a deep proof of concept on other platforms, Bitsight was just what we were looking for.
    Incentivized
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    OneTrust
    No answers on this topic
    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.
    Incentivized
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    OneTrust
    No answers on this topic
    ScreenShots