AuditBoard vs ThreatConnect Risk Quantifier comparison

AuditBoard and ThreatConnect are both solutions in the GRC category. AuditBoard is ranked #7 with an average rating of 8.0, while ThreatConnect is ranked #18 with an average rating of 8.0. AuditBoard holds a 3.8% mindshare in G, compared to ThreatConnect’s 0.4% mindshare. Additionally, 92% of AuditBoard users are willing to recommend the solution, compared to 100% of ThreatConnect users who would recommend it.

AuditBoard

Read 12 AuditBoard reviews

1,870 Views
1,646 Comparison Views

92% willing to recommend

ThreatConnect Risk Quantifier

Read 2 ThreatConnect Risk Quantifier reviews

335 Views
335 Comparison Views

100% willing to recommend

AuditBoard

ThreatConnect Risk Quantifier

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between AuditBoard and ThreatConnect Risk Quantifier based on real PeerSpot user reviews.

Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed AuditBoard vs. ThreatConnect Risk Quantifier Report (Updated: January 2026).

Buyer's Guide

AuditBoard vs. ThreatConnect Risk Quantifier

January 2026

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Helped 881,082 peers since 2012

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 GRC

7th

Average Rating

8.6

Reviews Sentiment

7.3

Number of Reviews

Ranking in other categories

IT Vendor Risk Management (8th)

ThreatConnect Risk Quantifier

Ranking in GRC

18th

Average Rating

8.0

Reviews Sentiment

7.9

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2026, in the GRC category, the mindshare of AuditBoard is 3.8%, down from 7.5% compared to the previous year. The mindshare of ThreatConnect Risk Quantifier is 0.4%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

GRC Market Share Distribution
Product	Market Share (%)
AuditBoard	3.8%
ThreatConnect Risk Quantifier	0.4%
Other	95.8%

GRC

Featured Reviews

reviewer2562750

Vice President at a computer software company with 201-500 employees

Streamlined workflow and enhanced simplicity with an easy setup

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 at risks and controls The collaboration within my team had not yet significantly changed since…

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Yash Bawane

Data engineer at tcs

Enhancing decision-making with automation and integration capabilities

Overall, ThreatConnect Risk Quantifier is powerful, but there are some areas for improvement. A few areas could be better; first, the learning curve is steep for new users, and a guided onboarding or tutorial would help. Second, report customization could be more flexible so different teams can see exactly what they need. Additionally, handling very large data sets can slow down occasionally, so performance optimization would be helpful. Finally, adding more predictive analytics or AI-driven insights could automatically highlight unusual risks or trends without manual analysis. We mostly work on data, so we face many challenges with large data sets when using ThreatConnect Risk Quantifier. When you feed very large data sets into RQ, such as hundreds of applications and thousands of vulnerabilities, the performance can sometimes slow down during scoring or dashboard updates. It doesn't break, but processing can take longer than expected. This is mostly unnoticeable during bulk imports or complex scenario analysis, so planning updates during off-peak hours or breaking data into smaller batches can help. Overall, it's reliable, but performance could be improved for very large-scale data and environments. It would be great to have more interactive dashboards that let users drill down easily without leaving the main view. Another useful addition could be automated alerts or notifications when risk scores change significantly, so the team doesn't have to check a dashboard constantly. Lastly, more built-in guidance or AI tips for interpreting FAIR-based metrics could help new users to get up to speed faster. Overall, the tool is strong, but these additions would make it even more efficient and user-friendly.

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Quotes from Members

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

Pros

"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."

"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."

"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."

"The most valuable feature is that everybody can use the same tool. You can give a person permission to use AuditBoard and define their access to the Audit Table. For example, we can allow external auditors or clients to review our completed tests. The clients are attached to specific tests that happen regularly, like inventory counts and asset counts. Debt compliance is only done once annually."

"Its ability to share the data in real-time has helped us well."

"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."

More AuditBoard pros

"ThreatConnect Risk Quantifier has positively impacted both our organization and our customers' organizations by improving how we prioritize and manage risk scores across multiple clients."

"With ThreatConnect Risk Quantifier, our team can respond much faster because risks are quantified and prioritized automatically, so we know what to tackle first."

"ThreatConnect Risk Quantifier definitely saves our time and money, for example, manual risk reporting time dropped by around 60% to 70% since the dashboard and automated scoring handle most calculations."

Cons

"It is not easy to analyze the results of a survey as a whole."

"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."

"They should improve the solution's test sheets feature for ease of use."

"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."

"Everything is there, and I have no disadvantage to note as of now."

"The initial setup is somewhat difficult because it has multiple pieces that need to be stitched together. You have to integrate it with the business unit you want to test if you want to go down from the corporate level to the operational level."

"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."

More AuditBoard cons

"When you feed very large data sets into RQ, such as hundreds of applications and thousands of vulnerabilities, the performance can sometimes slow down during scoring or dashboard updates."

"The user interface for multiple clients and large-scale deployment should be improved because we have observed sluggishness when navigating between clients and assets, and it takes time to resolve."

Pricing and Cost Advice

"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."

"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."

Information not available

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Top Industries

By visitors reading reviews

Financial Services Firm

15%

Manufacturing Company

Real Estate/Law Firm

Healthcare Company

Media Company

59%

Outsourcing Company

Financial Services Firm

Construction Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	2
Midsize Enterprise	4
Large Enterprise	6

By reviewers
Company Size	Count
Small Business	1
Midsize Enterprise	2
Large Enterprise	13

Questions from the Community

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...

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What is your primary use case for AuditBoard?

See all answers

What advice do you have for others considering AuditBoard?

AuditBoard is recommended for smaller companies, particularly for its risk assessment module, which is simple and easy to use. I'd rate the solution eight out of ten.

See all answers

What is your experience regarding pricing and costs for ThreatConnect Risk Quantifier?

My experience with pricing, setup cost, and licensing for ThreatConnect Risk Quantifier is overall good because the pricing is reasonable for the value it provides. Though it's not the cheapest opt...

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What needs improvement with ThreatConnect Risk Quantifier?

ThreatConnect Risk Quantifier can be improved by making the scenario modeling and reporting more interactive and customizable, allowing analysts to quickly adjust parameters and visualize what-if o...

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What is your primary use case for ThreatConnect Risk Quantifier?

ThreatConnect Risk Quantifier serves as my main tool in my current organization. In my current organization, we use ThreatConnect Risk Quantifier to prioritize vulnerabilities and threats across mu...

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Product Reports

Buyer's Guide

AuditBoard

January 2026

Download AuditBoard product report

Buyer's Guide

GRC

January 2026

Download ThreatConnect Risk Quantifier product report

Interactive Demo

Demo not available

AuditBoard

ThreatConnect

Overview

AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 35% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fourth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

AuditBoard

ThreatConnect Risk Quantifier transforms cyber risk into financial terms, aiding security leaders in prioritizing defenses and conveying impact in business language.

Risk Quantifier enables security leaders to integrate cybersecurity risk directly into strategic conversations by translating complex cybersecurity threats into clear financial impacts. It helps map MITRE ATT&CK techniques to financial loss, enabling teams to make informed, cost-effective choices. With tight integration with TI Ops and Polarity, it ensures alignment between operational tasks and risk priorities, solidifying the connection between cyber threats and executive decision-making.

What are the key features of ThreatConnect Risk Quantifier?

Cyber Risk Translation: Converts technical risks into understandable financial metrics.
MITRE ATT&CK Mapping: Links cyber threats to potential financial impacts.
Integration with TI Ops and Polarity: Aligns operations with risk-focused strategies.
Scenario Analysis: Evaluates multiple threat scenarios for effective risk management.

What benefits and ROI should users evaluate in ThreatConnect Risk Quantifier?

Enhanced Communication: Facilitates better conversation between cybersecurity teams and executives.
Strategic Decision-Making: Supports informed decisions through financial impact visualization.
Cost-Effectiveness: Optimizes defense strategies to reduce unnecessary spending.
Risk-Based Prioritization: Focuses efforts on the most financially impactful threats.

In industries like finance and healthcare, ThreatConnect Risk Quantifier aids in meeting regulatory requirements by providing measurable financial data. For energy sectors, it supports strategic investment in cybersecurity by highlighting the financial risks tied to potential attacks, thereby ensuring resource allocation aligns with potential threats.

ThreatConnect

Sample Customers

Information Not Available

Customer Case Studies and Use Cases

Buyer's Guide

AuditBoard vs. ThreatConnect Risk Quantifier

January 2026

Free Report: AuditBoard vs. ThreatConnect Risk Quantifier

Find out what your peers are saying about AuditBoard vs. ThreatConnect Risk Quantifier and other solutions. Updated: January 2026.

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We monitor all GRC reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.