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Bitsight Third-Party Risk Management vs. Prewave

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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

    Prewave

    N/A
    Enterprise companies (1,001+ employees)
    Prewave is a supply chain risk platform used by manufacturing companies to improve the transparency and resiliency of supply chains. The artificial intelligence (AI) based platform identifies risks in supply chains based on public information automatically and at an early stage. With this information companies have the advantage and can counteract possible delivery bottlenecks and production stops on time. Also, potential violations of sustainability or the impact of natural disasters up…

    $0

    Pricing
    Bitsight Third-Party Risk ManagementPrewave
    Editions & Modules
    No answers on this topic
    Free Tier
    $0
    Starter
    $249
    per month
    Advanced
    $999
    per month
    Offerings
    Pricing Offerings
    Bitsight Third-Party Risk ManagementPrewave
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details—Prewave is a prescription-based platform, we charge a monthly fee for the use of our product. The pricing varies greatly depending on the number of suppliers you intend to monitor.
    More Pricing Information
    User Ratings
    Bitsight Third-Party Risk ManagementPrewave
    Likelihood to Recommend
    8.0
    (2 ratings)
    -
    (0 ratings)
    Usability
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Bitsight Third-Party Risk ManagementPrewave
    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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    Prewave
    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
    Read full review
    Prewave
    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
    Read full review
    Prewave
    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
    Read full review
    Prewave
    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
    Read full review
    Prewave
    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
    Read full review
    Prewave
    No answers on this topic
    ScreenShots

    Prewave Screenshots

    Screenshot of The feed where you can look and filter all the alerts.Screenshot of On the map, you can take a look at the alerts and filter them geographically.Screenshot of An example of a companies profile page.Screenshot of Analysis dashboard in which you can view analytics for a collection of companies or any company that you follow.Screenshot of Alert analytics dashboard shows a graph that illustrates the number of alerts over a chosen period of time and the number of alerts by category.