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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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