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OneTrust GRC vs SecurityScorecard comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

OneTrust GRC
Ranking in IT Vendor Risk Management
1st
Average Rating
8.2
Number of Reviews
14
Ranking in other categories
GRC (2nd)
SecurityScorecard
Ranking in IT Vendor Risk Management
5th
Average Rating
8.2
Number of Reviews
6
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the IT Vendor Risk Management category, the mindshare of OneTrust GRC is 11.9%, down from 13.1% compared to the previous year. The mindshare of SecurityScorecard is 11.3%, up from 10.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
IT Vendor Risk Management
 

Featured Reviews

Gerald Pegg - PeerSpot reviewer
Oct 11, 2024
Streamlined incident management with user-friendly automation tools and responsive support
I use OneTrust specifically for incident management. For my company, I helped to create the incident management program that we currently use, particularly with gathering the information and sending out assessments to different vendors to collect information for further research and discovery.  I…
Hadar Eshel - PeerSpot reviewer
Feb 23, 2024
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 streamline audit and incident management processes."
"It does help in the automation of our privacy impact assessments."
"The most valuable feature of the solution is that it already has visibility about all the data protection regulations or other cybersecurity regulations related to several countries"
"OneTrust GRC is stable."
"The platform is especially useful in startup environments where we're typically starting from scratch."
"OneTrust GRC offers policy management, including documentation, distribution, attestation, and policy management."
"We receive notifications or cases and prioritize them accordingly, which helps us address issues promptly."
"One of the most beneficial features of the product has been its cloud-based IT and vendor risk management tools, along with built-in templates for GDPR and ISO compliance."
"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."
"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."
"The solution helps identify our environment's vulnerabilities."
"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."
"One of its most effective features for risk identification is its enterprise-ready automation for third-party risk measurements."
 

Cons

"The product is not that easy to set up."
"I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution."
"The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases."
"There are several areas for improvement. One is the integration capability. Connecting various DSAR systems can be time-consuming if a single integration takes months to complete."
"The platform was not built in a way that allowed multinational entities to use it seamlessly."
"OneTrust GRC's workflows aren't automated and need to be manually driven."
"There could be enhancements related to AI."
"There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow."
"The tool needs to have the ability to mitigate vulnerabilities with alternative solutions."
"There could be more information in regards to solving problems like hints on what specifically to look for."
"SecurityScorecard's technical team's response time is an area that my company expects to be made faster."
"The pricing of the product needs improvement in Brazil."
"Some wanted a different solution."
"They could improve the process with a questionnaire module for the product."
 

Pricing and Cost Advice

"OneTrust GRC is an expensive solution."
"The solution is expensive."
"The platform is expensive."
"On a scale from one to ten, where one is cheap, and ten is too expensive, I rate the solution a seven since it falls under the pricey side."
"OneTrust GRC's licensing costs about $15,000 per module."
"I found the pricing and setup cost very reasonable."
"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."
"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."
"Even though it's competitive, they offer flexible pricing structures."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Computer Software Company
12%
Government
7%
Healthcare Company
7%
Financial Services Firm
14%
Computer Software Company
13%
Educational Organization
12%
Manufacturing Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about OneTrust GRC?
We have data from Jira regarding addiction related to Europe as well as California. Additionally, we have data related to the Indian Data Protection Bill. Therefore, GDPR compliance is highly benef...
What is your experience regarding pricing and costs for OneTrust GRC?
I don't have specifics on pricing. I know it's not very cheap, but the budget aspect is outside my wheelhouse.
What needs improvement with OneTrust GRC?
I wish there were more customization options, particularly within the privacy rights automation module. More customization on the backend would allow for adjusting specific category labels tailored...
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

 

Also Known As

OneTrust Vendor Risk Management
No data available
 

Overview

 

Sample Customers

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TriNet, USAA, Zurich, Gilt Groupe, McGraw Hill Financial
Find out what your peers are saying about OneTrust GRC vs. SecurityScorecard and other solutions. Updated: October 2024.
815,854 professionals have used our research since 2012.