SecurityScorecard and OneTrust GRC are complementary products in the security and compliance management space. SecurityScorecard has the upper hand in real-time security monitoring, while OneTrust GRC excels in providing robust compliance solutions.
Features: SecurityScorecard provides continuous cybersecurity ratings, offering insights into vulnerabilities and threats. Its platform focuses on security intelligence and third-party risk analysis. OneTrust GRC specializes in governance, risk, and compliance management with features like data privacy tools and policy management. It has strong capabilities in risk assessment and compliance documentation.
Room for Improvement: SecurityScorecard could enhance its vendor analysis by including more configurable report options and improving integration with other security platforms. Additional training resources could be useful for users. OneTrust GRC might benefit from better automation tools for compliance procedures and more intuitive interfaces for streamlined use. Enhancements in customer support and smoother updates would be beneficial.
Ease of Deployment and Customer Service: SecurityScorecard offers straightforward deployment and responsive customer support, aiding in easy integration into existing systems. OneTrust GRC also provides a smooth deployment process, emphasizing extensive customer training to manage its complex tools effectively.
Pricing and ROI: SecurityScorecard has lower initial setup costs and delivers swift ROI through rapid risk identification. OneTrust GRC requires a higher upfront investment reflecting its comprehensive system but offers substantial long-term ROI with its extensive compliance management capabilities.
The biggest benefit is visibility, allowing organizations to understand their risks, vulnerabilities, and potential threats.
They need better organization to support their customer volume.
The product is suitable for medium to large businesses, typically with a revenue range from $200 million to a couple of billion dollars.
There is a need for more active rather than passive third-party risk management features to truly mitigate risks.
There are more expensive and cheaper options available.
It combines threat intel data with vulnerability information to increase risk ratings and provides insights into third-party supply chain risks.
OneTrust is the largest and most widely used technology platform to operationalize privacy, security and third-party risk management. More than 2,500 customers, both big and small and across 100 countries, use OneTrust to demonstrate compliance with privacy regulations including the GDPR, California Consumer Privacy Act, Brazil LGPD, and hundreds of the world's privacy laws.
OneTrust's size and scale allows it to offer the easiest-to-use and most affordable solution for implementing use cases including: Privacy Maturity Benchmarking, Data Protection by Design and Default (PbD), Data Protection Impact Assessments (PIA/DPIA), Third-Party Vendor Risk Management, Incident and Breach Response, Data Mapping (Records of Processing), Customer Preference Management, Consent Management, Website Scanning & Cookie Compliance, Mobile App Scanning, Data Subject/Consumer Rights Management and Policy & Notice Management.
The platform's intelligence comes from DataGuidance by OneTrust, an in-depth and up-to-date source of privacy and security regulatory summaries, guidance, templates, case law, and analysis. The database is updated daily by over 20 in-house privacy researchers, along with a network of 500 lawyers across over 300 jurisdictions.
OneTrust's 700 employees are located across co-headquarters in Atlanta and in London with additional locations in Bangalore, Melbourne, San Francisco, New York, Munich and Hong Kong. To learn more, visit OneTrust.com.
Funded by world-class investors including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented rating technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.
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