Bitsight Third-Party Risk Management vs RiskRecon comparison

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Executive Summary

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

Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management.
To learn more, read our detailed IT Vendor Risk Management Report (Updated: March 2024).
765,234 professionals have used our research since 2012.
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  • "The solution's price is average."
  • "The product has a reasonable price."
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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.
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    Ranking
    Views
    2,455
    Comparisons
    1,829
    Reviews
    3
    Average Words per Review
    413
    Rating
    8.3
    Views
    840
    Comparisons
    678
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
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    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.

    RiskRecon provides a SaaS platform that helps organizations more effectively manage the risk reality of increasingly interconnected IT ecosystems by delivering frequent, comprehensive and actionable security performance measurements.

    Using proprietary data gathering techniques, RiskRecon creates a 360-degree risk profile of an enterprise's public IT footprint. Based on that footprint and a detailed analysis, a RiskRecon rating and report is generated providing detailed, actionable information with context. No additional analysis is required.

    Clients rely on RiskRecon to bring greater transparency, accountability and productivity to their vulnerability and third-party risk management processes. And, they trust that RiskRecon's continuous monitoring solution employs only ethical techniques - no proprietary vendor data, no permissions and no invasive scans.

    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
    Informatica, Arrow, Tufts Health Plan, Sentara, Nacco Industries
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm15%
    Computer Software Company14%
    Insurance Company9%
    Healthcare Company8%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm12%
    Insurance Company9%
    Healthcare Company8%
    Company Size
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise16%
    Large Enterprise64%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise16%
    Large Enterprise66%
    Buyer's Guide
    IT Vendor Risk Management
    March 2024
    Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Bitsight Third-Party Risk Management is ranked 2nd in IT Vendor Risk Management with 5 reviews while RiskRecon is ranked 9th in IT Vendor Risk Management. Bitsight Third-Party Risk Management is rated 8.6, while RiskRecon is rated 0.0. The top reviewer of Bitsight Third-Party Risk Management writes "User-friendly solution with robust patch management capabilities". On the other hand, Bitsight Third-Party Risk Management is most compared with SecurityScorecard, Microsoft Secure Score, UpGuard Vendor Risk, Tenable Lumin and OneTrust GRC, whereas RiskRecon is most compared with SecurityScorecard, OneTrust GRC and Black Kite.

    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.