Bitsight Third-Party Risk Management vs. SecurityScorecard

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bitsight Third-Party Risk Management
Score 7.8 out of 10
N/A
Bitsight 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
SecurityScorecard
Score 9.0 out of 10
N/A
SecurityScorecard provides A-F graded security rating scorecards, to drive improved communication, effective compliance reporting, and more informed decision making. These enable enterprises to rate, understand, and continuously monitor the security posture of any organization worldwide, as well as gain visibility of any organization’s security-control weaknesses and vulnerabilities throughout the supplier ecosystem.N/A
Pricing
Bitsight Third-Party Risk ManagementSecurityScorecard
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Bitsight Third-Party Risk ManagementSecurityScorecard
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
Community Pulse
Bitsight Third-Party Risk ManagementSecurityScorecard
Considered Both Products
Bitsight Third-Party Risk Management

No answer on this topic

SecurityScorecard
Chose SecurityScorecard
At the moment it was the most affordable option for the company
Chose SecurityScorecard
SecurityScorecard has very crucial functionalities in which customers have more detailed information related to is cyber risks. Though BitSight is a good solution - it lacks a deep analysis on issues that are crucial for end-users.
Best Alternatives
Bitsight Third-Party Risk ManagementSecurityScorecard
Small Businesses

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Medium-sized Companies

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Enterprises
GEP Quantum Intelligence
GEP Quantum Intelligence
Score 9.0 out of 10
GEP Quantum Intelligence
GEP Quantum Intelligence
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Bitsight Third-Party Risk ManagementSecurityScorecard
Likelihood to Recommend
8.0
(2 ratings)
9.0
(3 ratings)
Usability
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
Bitsight Third-Party Risk ManagementSecurityScorecard
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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SecurityScorecard
Good:
* Initial recognition of perimeter
* Discovery of shadow IT assets
* Get nice reports to set baselines and objectives for your customers
Bad
* Does not provide threat intel as another tool
* Not enough documentation for the API or to automate scenarios
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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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SecurityScorecard
  • Security Ratings
  • Security Assessments
  • Reporting Center
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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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SecurityScorecard
  • Pricing could be reviewed for specific industries which were more impacted by the pandemic situation.
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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
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SecurityScorecard
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.
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SecurityScorecard
n/a
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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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SecurityScorecard
  • Get insights about our external security posture
  • Actionable tasks to solve
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ScreenShots