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Bitsight vs SecurityScorecard comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 1, 2024
 

Categories and Ranking

Bitsight
Ranking in IT Vendor Risk Management
4th
Average Rating
8.6
Reviews Sentiment
7.8
Number of Reviews
6
Ranking in other categories
Attack Surface Management (ASM) (13th)
SecurityScorecard
Ranking in IT Vendor Risk Management
5th
Average Rating
8.2
Reviews Sentiment
6.6
Number of Reviews
6
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the IT Vendor Risk Management category, the mindshare of Bitsight is 11.8%, down from 16.0% compared to the previous year. The mindshare of SecurityScorecard is 11.8%, up from 11.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
IT Vendor Risk Management
 

Featured Reviews

Alfredo Alvim - PeerSpot reviewer
Provides comprehensive insights into security posture
We work directly on their website to define all the assets that we need to scan. We have some meetings with the manager. For example, we set objectives to evaluate cyber risk periodically in our organization. One of these objectives is to assess the rating for our internal enterprise. We maintain a comprehensive database to ensure compatibility with our objectives. We aim to prevent a decrease in our security rating and maintain its value over time.
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

"The product helps us identify the vulnerabilities of internet-facing applications."
"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."
"Offers open ports from an external point of view."
"The best thing about BitSight is the comprehensive list of risk vectors, covering compromised systems, diligence failures, and behavioral anomalies."
"The solution is user-friendly."
"Its customer service team responds quickly."
"The initial setup takes just a couple of days and doesn't require any installation."
"With its automated approach, nothing is missed on the IPs your organization is related to."
"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 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."
"One of its most effective features for risk identification is its enterprise-ready automation for third-party risk measurements."
 

Cons

"Its factor analysis feature could be better."
"The solution’s benchmarking should be improved."
"BitSight could improve the classes and lower-level detections of anomalies that compound the information used to compute the rating."
"At the moment, when the vulnerability score decreases, it remains the same for quite a while, even though issues are resolved in 24 hours."
"There may be room for improvement in the methodology for identifying findings, as occasional errors occur on the technical side."
"Data enrichment is the major issue."
"The tool needs to have the ability to mitigate vulnerabilities with alternative solutions."
"SecurityScorecard's technical team's response time is an area that my company expects to be made faster."
"Some wanted a different solution."
"There could be more information in regards to solving problems like hints on what specifically to look for."
"The pricing of the product needs improvement in Brazil."
"They could improve the process with a questionnaire module for the product."
 

Pricing and Cost Advice

"The product has a reasonable price."
"The solution's price is average."
"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."
"Even though it's competitive, they offer flexible pricing structures."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Computer Software Company
14%
Insurance Company
9%
Manufacturing Company
8%
Financial Services Firm
14%
Computer Software Company
13%
Educational Organization
12%
Manufacturing Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for BitSight?
The product is a little expensive and very oriented to large companies.
What needs improvement with BitSight?
BitSight could improve the classes and lower-level detections of anomalies that compound the information used to compute the rating. They could evolve to be a more powerful scanner of cyber hygiene...
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?
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 tax...
What needs improvement with SecurityScorecard?
The pricing of the product needs improvement in Brazil.
 

Comparisons

 

Overview

 

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
TriNet, USAA, Zurich, Gilt Groupe, McGraw Hill Financial
Find out what your peers are saying about Bitsight vs. SecurityScorecard and other solutions. Updated: December 2024.
823,795 professionals have used our research since 2012.