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Get a better view of your 3rd Party Risk
What do you like best about the product?
BitSight utilizes public sourced information to consolidate and rate a company's cybersecurity posture. This information together can give you some insight on a companies culture of security and how much of a risk you would be taking with them or that you may already have. You can also set up alerts to tell you if something changes so you can be quick to react and address the issue with the vendor (or your own company). Much like a bank would lend a person money based on their past history, BitSight gives some level of confidence (or lack thereof) in a company based on what they do in their own environment.
What do you dislike about the product?
The price scale is a little steep and seems to be directed at very large businesses with massive budgets (of course even then most companies don't want to spend money they don't need to). The good part is you have an unlimited ability to swap companies in and out of your monitoring, which although cumbersome can offset that and get you the information you most definitely need. This doesn't help know if there are vulnerabilities in software or applications you may be using, but does correlate the culture the business is showing.
What problems is the product solving and how is that benefiting you?
Managing 3rd party risk and being able to collaborate with vendors to address them and hopefully encourage better cybersecurity culture. It also allows us to do a little bit of vetting of the company to see what rating they have before we use them.
As of now Leader of the Security Rating
What do you like best about the product?
Scope of Security Rating is much larger than its competitor, which means that there is a chance that you have to rating report ready everytime. This SAAS tool help companies to identify secure vendors, partners, acquisition targets. Its detail report covered all aspect of layered scurity and identify its Vulnerability. It have the dynamic dashboard which changes everyday when Vulnerability is remediated.
What do you dislike about the product?
The solution of the vulnerability identified by BitSight is not present in its report; hence some time admin has to struggle while fixing the vulnerability.
What problems is the product solving and how is that benefiting you?
Identify Secure Vendor
Identify organization vulnerability
Comparison of Security Standard with other company in the same domain
Identify organization vulnerability
Comparison of Security Standard with other company in the same domain
Recommendations to others considering the product:
Improve customer support and work on asset accuracy of the organization
Good intelligence with complicated licensing
What do you like best about the product?
Cyber vulnerability information weighted to highlight the most severe items
What do you dislike about the product?
Complicated and expensive licensing model
What problems is the product solving and how is that benefiting you?
Perform continuous monitoring of your highest tier vendors
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