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AuditBoard vs SecurityScorecard comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 1, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

AuditBoard
Ranking in IT Vendor Risk Management
5th
Average Rating
8.6
Reviews Sentiment
7.3
Number of Reviews
12
Ranking in other categories
GRC (6th)
SecurityScorecard
Ranking in IT Vendor Risk Management
3rd
Average Rating
8.0
Reviews Sentiment
6.5
Number of Reviews
7
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2025, in the IT Vendor Risk Management category, the mindshare of AuditBoard is 5.7%, up from 4.3% compared to the previous year. The mindshare of SecurityScorecard is 10.9%, up from 10.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
IT Vendor Risk Management
 

Featured Reviews

Gopichand Rajbhar - PeerSpot reviewer
User-friendly, simple to implement, and has lots of features
There are lots of features. We like the reviewer and auditor, where they support you if you want to upload evidence. At the same time the reviewer or auditor can also put their remark. The solution is user-friendly. It's easy to set up. You can easily find out how to proceed for reassessment, how to upload that evidence, and how you can put in a remark. Everything is a single console where you can easily track what you need. It's stable. The product is scalable. They provide a demo to customers to allow them to explore the tools.
Hadar Eshel - PeerSpot reviewer
Easy-to-deploy product with good technical support services
Our organization relies on numerous SaaS services for critical business functions, such as CRM and monitoring solutions. In a hypothetical scenario where a security breach occurs in the CRM database, potentially exposing our data and our clients, SecurityScorecard proves invaluable. It provides a security score, typically a percentage, based on extensive data collection from various sources, including the dark web and social networks. Let's say our CRM solution receives a security score of 78%, indicating a relatively safe status according to the information gathered by SecurityScorecard. One of its most effective features for risk identification is its enterprise-ready automation for third-party risk measurements. Additionally, it provides valuable insights into vulnerabilities within an organization, utilizing tools such as CVE details. For instance, it can assign a score based on vulnerabilities detected, such as 60%, and specify each vulnerability by its identifier. It offers scalability and can handle large volumes of real-time data. The continuous monitoring feature significantly enhances the ability to manage risks by providing real-time data collection on suppliers. We can observe fluctuations in their security levels over time, sometimes even every month. We can create alerts for high-risk situations, enabling organizations to respond promptly to potential security threats or vulnerabilities identified within their supplier network. The product's security ratings are helpful. While there may be occasional false positives, it does not function as a scanning solution. Instead, it presents the same information that hackers could potentially exploit. While I haven't worked with other cybersecurity rating solutions, I can attest to its strengths based on my experience. One notable advantage is their extensive data collection capabilities, surpassing many competitors in the market. They gather a wide range of information, resulting in a vast database that includes many suppliers or companies. It is easy to integrate with other tools. I rate it a nine out of ten.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits."
"Considering the solution's return on investment, it has been extremely helpful since we were doing a lot of documentation. Previously, in our company, we were using an Excel sheet which made things quite messy."
"I find the most significant elements of this solution are the out-of-the-box reporting, the ease of workflow, workflow management, and the ease of managing our audit process."
"AuditBoard has several solutions for governance, internal audit, and other categories."
"There are lots of features."
"The most valuable feature is the well-documented instruction."
"The most valuable feature of AuditBoard is its ability to facilitate the editing of work papers in a seamless and efficient manner. This is achieved through a built-in tool that allows for real-time editing without the need for downloading the working paper. This feature has proven to be incredibly time-saving for me as it eliminates the step of having to download the file and make changes, instead providing an easy-to-access "edit work paper" option. Overall, this feature has greatly improved my experience with AuditBoard and has been a significant contributor to its success in my opinion."
"The most significant feature of AuditBoard is its community tools. It provides an internal communication platform that enables users to communicate within the system rather than relying on external tools such as Outlook or Microsoft products. By communicating within the system, all interactions are centralized and accessible, promoting a streamlined workflow."
"Fortify Data offers attack surface capabilities that identify vulnerabilities, exposed ports, and dark web information."
"The biggest benefit is visibility, allowing organizations to understand their risks, vulnerabilities, and potential threats."
"With SecurityScorecard, the most valuable feature is the ability to identify if third parties or vendors have digital threats that may impact our company. It also scans all internal domains and IPs to find vulnerabilities in the digital landscape. The continuous monitoring capabilities have been beneficial by providing ongoing assessments of potential risks."
"The initial setup takes just a couple of days and doesn't require any installation."
"One of its most effective features for risk identification is its enterprise-ready automation for third-party risk measurements."
"The solution helps identify our environment's vulnerabilities."
"I rate the product's initial setup phase a nine on a scale of one to ten, where one is a difficult setup phase, and ten is an easy setup process."
"With its automated approach, nothing is missed on the IPs your organization is related to."
 

Cons

"Some of that flexibility could be enhanced. When comparing Archer and TeamMate+, there is a little more open-ended in terms of certain of our audit processes and procedures. And there is significantly greater freedom in creating ad hoc audit processes and procedures, whereas AuditBoard is a little more limiting in this regard."
"AuditBoard has the potential for improvement in a few key areas. Firstly, I have experienced instances where the platform has experienced technical issues and ceased to function effectively. Additionally, the editing tools provided within the platform can be slow and laggy, particularly when trying to access and edit important documents. This can be a hindrance to my workflow and efficiency. To address these issues, they should begin by improving the speed and reliability of the platform, as well as enhancing the search engine to make it easier to find specific controls and documents within the platform."
"They should improve the solution's test sheets feature for ease of use."
"Everything is there, and I have no disadvantage to note as of now."
"After sending out a request to my network for documents, it would be great to have a receipt that shows who received the request and who did not."
"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."
"AuditBoard could benefit from the addition of video capabilities, although it is not a necessity. Small companies that cannot afford licenses for Microsoft Teams or Zoom would benefit greatly from this feature, as it would enhance the communication process."
"A handful of things in the solution need to be improved. One of them is better communication of updates to the system or tool itself."
"There are areas for improvement in response times and overall support."
"SecurityScorecard's technical team's response time is an area that my company expects to be made faster."
"The product can be improved by incorporating more data points and intelligence around dark web information and threat data."
"They could improve the process with a questionnaire module for the product."
"The pricing of the product needs improvement in Brazil."
"The tool needs to have the ability to mitigate vulnerabilities with alternative solutions."
"There could be more information in regards to solving problems like hints on what specifically to look for."
"Some wanted a different solution."
 

Pricing and Cost Advice

"Pricing is variable, like with any technology, and is determined by how hard you wish to negotiate. You can get to a price you're willing to pay if you're willing to negotiate aggressively."
"I highly recommend this tool as the price is reasonable. However, consistent pricing is important, and having a loyalty program that rewards long-term customers with lower prices would be a great addition."
"The pricing could be split into a lower-paid tier for smaller organizations and another higher tier for others with a more security-focused outlook. $1000 per month is more than some companies pay for their internet connections in total. UPDATE: they have a new 400$ a month tier for starters."
"The pricing of SecurityScorecard is fair. I would rate it a seven. It's a bit more on the expensive side. In Brazil, for example, making a payment to the vendor involves wire transfers and high taxes, making it more expensive. Selling SecurityScorecard or any American vendor's product in the United States is very different from selling in South America or Brazil."
"Even though it's competitive, they offer flexible pricing structures."
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Top Industries

By visitors reading reviews
Financial Services Firm
13%
Computer Software Company
9%
Government
9%
Manufacturing Company
8%
Financial Services Firm
15%
Computer Software Company
13%
Manufacturing Company
10%
Educational Organization
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about AuditBoard?
It consolidates the E2E process in one single solution, and in a very user friendly environment.
What needs improvement with AuditBoard?
AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust. For IBM OpenPages, the reporting can be more robust as the summary report on each of the modu...
What is your primary use case for AuditBoard?
I used AuditBoard primarily for risk assessment questionnaires in a very premature risk environment. I also have experience with IBM OpenPages, mostly for operational risk to track issues, to look ...
What do you like most about SecurityScorecard?
One of its most effective features for risk identification is its enterprise-ready automation for third-party risk measurements.
What is your experience regarding pricing and costs for SecurityScorecard?
SecurityScorecard is priced in the middle range. There are more expensive and cheaper options available, however, Fortify Data and Censinet are also in the same middle range.
What needs improvement with SecurityScorecard?
The product can be improved by incorporating more data points and intelligence around dark web information and threat data. Adding more features to combine and consolidate internal vulnerability sc...
 

Comparisons

 

Overview

 

Sample Customers

Information Not Available
TriNet, USAA, Zurich, Gilt Groupe, McGraw Hill Financial
Find out what your peers are saying about AuditBoard vs. SecurityScorecard and other solutions. Updated: April 2025.
850,028 professionals have used our research since 2012.