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The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018
(703 KB)
The Nine Providers That Matter Most And How They Stack Up
In Forrester’s evaluation of the emerging market for cybersecurity risk rating solutions, we identified the nine most significant providers in the category — Bitsight, Fico, iTrust, Normshield, Panorays, Prevalent, Riskrecon, SecurityScorecard, and upGuard — and evaluated them. This report details our findings about how well each vendor scored against 10 criteria and where they stand in relation to each other. Security and risk (s&r) professionals can use this review to select the right partner for their cybersecurity risk rating solution needs.
Key Takeaways
Forrester’s research uncovered a market in which Bitsight, RiskRecon, Prevalent, and SecurityScorecard are leaders; Panorays and Fico are strong Performers; and upGuard, Normshield, and iTrust are challengers. Risk Analytics, entity Attribution, and Rating Consistency are key differentiators. The best cyber-risk rating solutions don’t merely report on your third-party partners’ security flaws, they contextualize and prioritize the risk information they collect so you can more strategically allocate resources and mitigate risk.
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The IT GRC Forum is an online resource and networking platform for Governance, Risk Management, and Compliance (GRC) Professionals. We produce educational events and provide market intelligence for our members, and it is our goal to help industry stakeholders, government regulators, and end-users better understand and manage the increasingly complex GRC landscape across their organization. Visit us at www.executiveitforums.org