Why customers choose Bitsight vs. UpGuard

In today’s competitive cybersecurity marketplace, there’s always a risk of misinformation amongst options and capabilities.

Forrester Research, Inc., known for its respected, independent research in technology and security, has named Bitsight a Leader in its Forrester Wave™ report for Cybersecurity Risk Ratings. Bitsight earned the highest possible scores across 18 key criteria, solidifying its position as a top choice for organizations seeking robust cyber risk management solutions.

 

Forrester Report Cover 2024

Bitsight vs. UpGuard: Capabilities

 
 

Bitsight

UpGuard

Cyber Risk Ratings Platform Leader

 Recognized by Forrester Wave, Cyber Risk Ratings Platforms  

 Listed as a Contender

External Attack Surface Management Leader

 Placed top right as Leader on Frost Radar™ EASM report, recognized as top 3 in Innovation

 Not listed

Attack Surface Management Leader

 Recognized by KuppingerCole Leadership Compass, Attack Surface Management

 Not listed

Transparent Return on Investment (ROI) calculator

 297% ROI. See the calculator

 Does not offer

Comprehensive strategy and vision

 Pioneered the market and continue to lead. Read our story

 Focuses on satisfying individual needs rather than industry wide needs

R&D, investment in innovation, and product roadmap

 64 patents to date and the largest R&D investment. View latest announcements

 Focuses on eliminating manual work and automating security questionnaires

Customer onboarding and engagement

 Customized experience and plan to maximize program efficiency. Read about onboarding

 Provides customer support and resolves issues in a reactive matter

Ability to identify and attribute assets across an expanded attack surface

 Comprehensive Exposure Management powered by Bitsight technologies like Groma and GIA

 Offers asset discovery and attribution functionality using third-party sourced data

Actionable threat intelligence from across the clear, deep and dark Web

 Real-time cyber threat intelligence

 Does not offer

Comprehensive data collection capabilities

 Bitsight data collection includes proprietary Internet scanner, the largest sinkhole, and other technologies

 Uses solely third-party data sources

Correlation of insights and security rating to real-world outcomes

 Correlated to real-world risk, validated by independent studies from Marsh Mclennan, Moody’s, Gallagher Re and more

 No correlation study

Communication, collaboration, and integration with vendors

 Full circle in-platform collaboration with vendors powered by Third-Party Risk Management

 Vendor questionnaire available

Analytics and insights on the impact of security programs

 Governance and analytics that include benchmarking and root cause reporting

 Analytics do not include benchmarking or peer reporting

Remediation plan development to prioritize efforts

 Comprehensive analytics displayed in dashboards to help easily identify and prioritize findings to remediate within organizations and their vendor ecosystem

 No prioritization besides remediation vendor requests

Cyber risk quantification and modeling of outcomes

 Read about Cyber Risk Quantification

 Does not offer

Dashboards and exposure reporting

 30+ pre-designed, out-of-the-box reports communicate ratings and exposure findings and changes. Read about external attack surface management 

 Generates four reports from apps

 

Bitsight vs. UpGuard: Customer Reviews

 

Bitsight

UpGuard

Gartner
view reviews

4.5/5
259 reviews

4.4/5
176 reviews

G2
view reviews

4.6/5

4.5/5

The Forrester Wave™: Cybersecurity Risk Ratings Platforms, Q2 2024

"[Bitsight] boasts an unmatched commitment to innovation…”; Bitsight “leans heavily into ratings model validation and correlation studies to continuously test its ratings’ alignment with real-world incidents."

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With more than 3,100 customers and 64 patents, Bitsight is a global leader in cyber risk management, specializing in external attack surface managementthird-party risk monitoring, vulnerability detection and response, cybersecurity analytics, and financial risk quantification. Bitsight pioneered the security ratings industry in 2011, and today it’s data scanning capabilities now encompass:

  • 40 million-plus monitored organizations
  • 250 million-plus host names
  • 4 billion-plus routable IPv4 and IPv6 addresses 

UpGuard is a cybersecurity company that focuses on third-party risk management, data breach  monitoring, and security assessment management. Their services include vendor risk management, data leak detection, and security ratings. UpGuard's platform is designed to provide insights on: data breaches, compliance, and cybersecurity posture.

Security Ratings Section 7

The Bitsight Security Rating provides an objective, data-driven lens to view the health of an organization’s cyber security program.

Bitsight data is independently verified to correlate with an organization’s risk of a security incident or data breach. See reports by AIR Worldwide, IHS Markit, Marsh McLennan, and Moody’s Analytics, demonstrating this critical connection.

Per Moody's Analytics, Bitsight Analytics is also correlated to financial risk and firm value.

Continuous monitoring hero

Security leaders need solutions that help them identify and mitigate risks in their own organizations and broader third party supply chain, including vendors, suppliers, and business associates. Attackers continue to exploit known vulnerabilities and target critical third party suppliers to gain access to sensitive data or inflict operational harm. With the growing criticality of cybersecurity risk rating platforms in the global marketplace, trust and data accuracy matters.

Bitsight is committed to creating trustworthy, data-driven, and dynamic measurements of organizational cybersecurity performance derived from objective, verifiable information. In 2017, Bitsight helped create the "Principles for Fair and Accurate Security Ratings,” (PDF) a series of practices developed alongside some of the world’s largest and most risk-focused companies. These Security Ratings Principles affirm the critical role of security ratings in society and the important responsibility that Bitsight holds in creating these measurements.