Bitsight Third-Party Risk Management vs Galvanize HighBond comparison

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Executive Summary

We performed a comparison between Bitsight Third-Party Risk Management and Galvanize HighBond based on real PeerSpot user reviews.

Find out what your peers are saying about RSA, BitSight, OneTrust and others in IT Vendor Risk Management.
To learn more, read our detailed IT Vendor Risk Management Report (Updated: April 2024).
769,479 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"I prefer BitSight due to its patch management capabilities. The score is a valuable feature. I have contacted the customer support through e-mail and their response rate is fast. I rate the solution a nine out of ten.""The solution is user-friendly.""Offers open ports from an external point of view.""Its customer service team responds quickly.""The product helps us identify the vulnerabilities of internet-facing applications."

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"The most valuable feature is automation."

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Cons
"At the moment, when the vulnerability score decreases, it remains the same for quite a while, even though issues are resolved in 24 hours.""Its factor analysis feature could be better.""Data enrichment is the major issue.""The solution’s benchmarking should be improved.""There may be room for improvement in the methodology for identifying findings, as occasional errors occur on the technical side."

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"The cost of the solution is expensive and needs improvement."

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Pricing and Cost Advice
  • "The solution's price is average."
  • "The product has a reasonable price."
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  • "I give the cost of the solution a six out of ten."
  • More Galvanize HighBond Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The product is a little expensive and very oriented to large companies.
    Top Answer:We face difficulties in acquiring designs and findings. There may be room for improvement in the methodology for identifying findings, as occasional errors occur on the technical side of BitSight.
    Top Answer:The most valuable feature is automation.
    Top Answer:Regarding pricing, we are located in Africa where economic instability prevails and our currency continues to lose value due to inflation. The cost of the solution is high. I give the cost of the… more »
    Top Answer:The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in producing… more »
    Ranking
    Views
    2,340
    Comparisons
    1,719
    Reviews
    4
    Average Words per Review
    407
    Rating
    8.5
    13th
    Views
    217
    Comparisons
    133
    Reviews
    1
    Average Words per Review
    489
    Rating
    7.0
    Comparisons
    Also Known As
    Rsam GRC, HighBond, HighBond by Galvanize
    Learn More
    Overview

    BitSight transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk. With over 2,100 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings. For more information, please visit www.bitsight.com, read our blog or follow @BitSight on Twitter.

    Your GRC program is unique to your organization - and Rsam thinks it should stay that way. We give you control over what modules you want to implement and in what order. Deploy an out-of-the-box, turnkey baseline configuration that addresses your most urgent use case within 30 days and iterate from there. With Rsam, you can also easily customize the baseline configuration to meet your own unique needs. Iterate each step of the way until you reach 100% of your requirements. This keeps your implementation manageable and moving forward.
    Sample Customers
    Fannie Mae, Cabela's, BNP Paribas, PWC, AIR Worldwide, Con Edison, The Container Store, OshKosh, Steris, University of South Florida, Emblem Health, Lloyds Bank
    CNA Insurance
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm15%
    Computer Software Company15%
    Insurance Company9%
    Healthcare Company8%
    VISITORS READING REVIEWS
    Educational Organization43%
    Government8%
    Financial Services Firm8%
    Computer Software Company5%
    Company Size
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise17%
    Large Enterprise63%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise48%
    Large Enterprise42%
    Buyer's Guide
    IT Vendor Risk Management
    April 2024
    Find out what your peers are saying about RSA, BitSight, OneTrust and others in IT Vendor Risk Management. Updated: April 2024.
    769,479 professionals have used our research since 2012.

    Bitsight Third-Party Risk Management is ranked 2nd in IT Vendor Risk Management with 5 reviews while Galvanize HighBond is ranked 13th in IT Vendor Risk Management with 3 reviews. Bitsight Third-Party Risk Management is rated 8.6, while Galvanize HighBond is rated 8.6. The top reviewer of Bitsight Third-Party Risk Management writes "User-friendly solution with robust patch management capabilities". On the other hand, the top reviewer of Galvanize HighBond writes "Good automation and analytics, but is costly". Bitsight Third-Party Risk Management is most compared with SecurityScorecard, RiskRecon, Microsoft Secure Score, UpGuard Vendor Risk and Tenable Lumin, whereas Galvanize HighBond is most compared with ACL Analytics, Workiva Wdesk and RSA Archer.

    See our list of best IT Vendor Risk Management vendors.

    We monitor all IT Vendor Risk Management 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.