OneTrust Vendorpedia vs BitSight: 2023 Comparison and Review

Minimizing the amount of time and effort in learning to use a new solution is a critical aspect of delivering on any value proposition.

OneTrust, BitSight, and UpGuard offer their services via SaaS and are accessible from web-based platforms that can help you find, assess, and remediate risk.

OneTrust: A fully cloud-based service with minimal installation criteria required. The OneTrust platform also features an easy-to-use navigation interface, workflow customization, and dashboard reporting functionality.

BitSight: Provides views of identified vendor risks enabling detailed reporting of vendors.

UpGuard: High-level summation of risk with the ability to drill down into precise technical details. Each risk is prioritized based on extensive research conducted by the in-house security team, and where possible remediation and protection suggestions are provided

OneTrust, BitSight, and UpGuard all help organizations stay informed about their vendors’ information security risks as part of a third-party risk management (TPRM) program

BitSight: Relies primarily on IP reputation.

OneTrust: Enables automated workflows for onboarding and offboarding vendors to help users maintain an inventory of their vendors along with relevant information such as risk tiers, service types, and commercial timeframes.

UpGuard: Offers real-time visibility into any third-party vendor’s risk posture & security rating along with total automation for managing vendor due diligence and remediation programs.

The main reason organizations invest in security tools is to prevent incidents from happening in the first place.

A solution's ability to prevent data breaches and other cyber attacks before they happen should be front of mind when choosing a security platform.

OneTrust: Offers an AI engine via their Athena product enabling risk insights across privacy, security, & governance risks. For their third-party risk offerings, this will include insights about a vendor’s internally managed security controls, policies, and practices.

However, OneTrust does not natively incorporate many of the critical breach vectors associated with an organization’s external-facing attack surfaces.

If left unidentified and/or unmonitored, these vendor risks may increase the likelihood of adverse impacts from phishing, ransomware susceptibility, man-in-the-middle attacks, DNSSEC, vulnerabilities, email spoofing, domain hijacking, and DNS issues.

Additionally, visibility into supply chain data leakages, compromised corporate identities, and brand fraud are not currently supported.

BitSight: In addition to monitoring breach vectors indicating susceptibility to phishing, man-in-the-middle attacks, and email spoofing, BitSight aims to incorporate IP reputation methodology to catch active malware installations.

However, threat and risk intelligence enabling greater visibility into supply chain data leakages, compromised corporate identities, and brand fraud is not currently supported.

UpGuard: Reviews many important breach vectors to assess the supply chain attack surface, including phishing, ransomware susceptibility, man-in-the-middle attacks, DNSSEC, vulnerabilities, email spoofing, domain hijacking, and DNS issues.

Provides threat and risk intelligence, enabling greater visibility into supply chain data leakages, compromised corporate identities, and brand fraud.

Keeping informed on product updates and the latest cyber security developments is paramount, with new vulnerabilities and cyber threats emerging daily.

Customers need up-to-date resources and relevant insights to stay ahead of the curve and protect their organizations from emerging cyber risks.

The frequency of publication and presence of community engagement is a key indicator of a company’s mission, focus, and investment in its users.

OneTrust, BitSight, and UpGuard offer comprehensive online resources to educate and inform customers.

OneTrust: Engages their user community with regular blog posts on topics covering relevant security incidents, global privacy regulations, new feature updates, and industry developments.

Offers live and recorded webinars that help viewers align their programs to best security practices. In addition to these webinars, OneTrust also provides certification and training programs for customers to maximize the value of using the platform.

BitSight: BitSight maintains regular blog posts and webinars covering security incidents, feature updates, and industry developments.

These efforts, along with an extensive network of partnerships, provide the resources security professionals need to identify the best security practices for their program.

UpGuard: UpGuard Summit brings together a community of security leaders from leading companies, explores the future of security, and helps businesses stay secure.

The UpGuard cybersecurity and risk management blog is updated four times a week and the breach research blog has uncovered and secured some of the largest data breaches.

UpGuard’s free weekly Breach Newsletter informs 20,000+ subscribers of the latest global data breaches.

Technology is always changing. New vulnerabilities are added to CVE on a daily basis, and attackers are constantly finding new zero-day exploits.

The speed at which a security platform can incorporate changes determines how well it can respond to new threats and customer requests.

Additionally, they should continue to update, adjust, and improve their threat detection methodology to reflect changes to the threat landscape.

OneTrust: States that they make at least monthly updates to their suite of product offerings. OneTrust clearly documents product release notes and guides for customers looking to better understand and use changes in the platform.

BitSight: BitSight maintains regular blog posts and webinars covering security incidents, feature updates, and industry developments.
These efforts along with an extensive network of partnerships provide the resources security professionals need to identify the best security practices for their program.

UpGuard: UpGuard has adopted DevOps principles internally to develop, test, and release software continuously, ensuring fast, consistent, and safe releases. UpGuard has a regular release rate every two weeks, with all features, changes, and improvements listed under UpGuard Release Notes.

Cyber risk platforms can be expensive and the common use of opaque pricing policies often takes power away from the purchaser. With most services offering tiered licensing options and add-ons, finding a solution that fits your needs and budget can prove more difficult without transparent pricing.

OneTrust: Offers largely transparent pricing for their multiple offerings via their website. Additionally, OneTrust offers flexible pricing & billing options for small & growing businesses.

For established businesses with more advanced needs, OneTrust offers Standard & Advanced packages ranging in annual price from $6,000 - $18,000 USD.

Pricing for more complex deployments requiring API and integrations access can only be accessed by speaking to a OneTrust representative.

BitSight: BitSight maintains regular blog posts and webinars covering security incidents, feature updates, and industry developments.

These efforts along with an extensive network of partnerships provide the resources security professionals need to identify the best security practices for their program.

UpGuard: UpGuard has a fully transparent and publicly accessible pricing model which you can view here. If you have any questions, please email sales@upguard.com.

Accessing the information in a cyber risk product outside of its graphical interface is important for integrated business strategies and consolidating data to a preferred system.

OneTrust, BitSight, and UpGuard offer APIs.

OneTrust: Offers REST API and SDK for data feed connectivity and workflow management options with external applications.

BitSight: BitSight offers the ability for customers to extend security ratings through a Developer API.

UpGuard: Offers a standard API to pull data from UpGuard’s platform into other enterprise applications.

APIs are useful for technical staff, but not all information security teams have access to developers. In this situation, standard third-party integrations are an essential part of decision-making.  

OneTrust, BitSight, and UpGuard offer integrations into other platforms.

OneTrust: Offers out-of-the-box integrations with a broad range of third-party platforms. OneTrust’s healthy ecosystem of integration options includes third-party platforms such as ServiceNow, UpGuard, Adobe, RSA Archer, and more.

BitSight: Offers integrations with RSA Archer GRC, CyberGRX, OneTrust Vendorpedia, ProcessUnity, MetricStream, and more.

UpGuard: Integrates with Zapier to enable connections to 3,000+ apps; GRC platforms, ticketing systems like JIRA; VRM solutions like ServiceNow, and more.

OneTrust: Notable listed OneTrust customers include Air Canada, DHL, and Drax.

BitSight: Major customers include Optus / Singtel, The University of North Florida, Snam, and PROSA.

‍UpGuard: Major customers include Accenture, DuPont, Fujitsu, GAP, McAfee.

OneTrust: Calculates and assigns risk tier categorizations of Critical, High, Medium, and Low based on the security questionnaire information collected from vendors in the platform.

However, OneTrust risk calculations do not incorporate insights from a vendor’s external attack surfaces and their associated risks in the same manner offered by conventional security ratings services.

BitSight: BitSight Security Ratings range on a scale of 250-900 with higher ratings indicating better security performance.

UpGuard: Provides a cyber risk score between 0 and 950, along with the following letter grades, A: 801-950, B: 601-800, C: 401-600, D: 201-400, F: 0-200. Security rating scores are a weighted average of the risk rating of all externally facing assets and completed vendor questionnaire scores.

Security rating scale of 0-950, ranked as A: 801-950, B: 601-800, C: 401-600, D: 201-400, F: 0-200. You can request your free security rating by clicking here.