Latest Research


This content is currently locked.

Your current Info-Tech Research Group subscription does not include access to this content. Contact your account representative to gain access to Premium SoftwareReviews.

Contact Your Representative
Or Call Us:
1-888-670-8889 (US/CAN) or
+1-519-432-3550 (International)

Cyber Risk Rating Software

Cyber Risk Rating

What is Cyber Risk Rating Software?

Cyber Risk Rating services review companies and assign scores based on cybersecurity indicators. Risk rating scores are used for third party risk management, and are often used for cybersecurity insurance underwriting.

Common Features

  • Risk Scoring
  • Dashboard
  • Surface Assessments
  • Continuous Monitoring
  • Self-Assessment Reporting
  • Integration With Other Security Tools
  • APIs and Integration
  • Questionnaires
  • Compliance Management
  • Business Context
  • Automated Third Party Detection
  • Risk Scoring & Remediation Act
  • Dispute Resolution
  • Dark Web Assessments

Write a Review to receive up to a $10 Gift Card*

*After you complete our short 5-6 minute survey, we will happily provide you with your choice of reward up to $10 based on available options for your region.

Write a Review

Top Cyber Risk Rating Software 2024

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

Products below are ineligible for awards due to insufficient recent reviews

Panorays

Panorays

Composite Score
8.3 /10
CX Score
8.5 /10

Panorays automates third party security management. The platform enables companies to easily view, manage and engage on the security posture of their third-parties, vendors, suppliers, and business partners. With the Panorays platform, companies dramatically shorten their third-party security evaluation process and gain continuous visibility while ensuring compliance to regulations such as GDPR and NY DFS. Panorays is a SaaS-based platform, no installation needed.

Guidewire Software

Cyence Risk Analytics

Composite Score
8.2 /10
CX Score
8.5 /10

Guidewire has developed a scenario designed to estimate the origin of losses due to a mass business interruption following a ransomware event. This advancement in our latest risk model—version 4—expands the parameters of risk evaluation to enable a more comprehensive view of cyber risk exposure. Insurers can improve their portfolio exposure management, set appropriate limits, and gain the confidence to adapt and succeed in the rapidly evolving world of cyber risk.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Composite Score
8.0 /10
CX Score
8.1 /10

Corax is the leading and largest source of cyber exposure data and predicted loss costs of breach and network outage events. Corax’s rich data foundation is created through expert selection, ingestion and analysis of third party datasets, including threat intelligence, internet performance data and loss data, and using proprietary automated discovery tools that identify detailed characteristics of the technology and security environment of individual companies and their interconnections with other companies.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Composite Score
7.9 /10
CX Score
8.2 /10

Vendor Risk Assessments to Ensure Compliance and Reduce Security Exposures. Delivered as part of the industry’s only purpose-built, unified platform for third-party risk management, the cloud-based Prevalent Vendor Assessment Service helps IT security, privacy, and risk management professionals determine vendor compliance with IT security and data privacy requirements to reduce vendor risk.

Composite Score
7.5 /10
CX Score
7.7 /10

SecurityScorecard enables users to view and continuously monitor security ratings, easily add vendors or partner organizations, and report on the cyberhealth of their ecosystems. The platform automatically generates a recommended action plan for issue remediation in order to achieve a “target” letter grade for customers and their vendor and partner organizations. It also provides access to breach insights and shows a clear record of issues that have impacted scores over time. Additional collaboration tools help enterprises better manage cyber security and ensure continuous compliance with regulatory standards and frameworks.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Performance Enhancing
  • Enables Productivity

Cons

  • Less Generous
Composite Score
7.5 /10
CX Score
7.9 /10

Bitsight Third-Party Risk Management empowers risk leaders to manage their digital ecosystem from start to finish. Accelerate vendor assessments. Continuously monitor and uncover blind spots across your digital ecosystem. Take action on exposure swiftly and confidently.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Efficient Service
Composite Score
7.3 /10
CX Score
7.6 /10

Knowing your Cyber Risk Score gives you the information necessary to protect your business from cyberattacks and increases your awareness of third-party risks. Cyber Risk Scorecards allow you to monitor your own cyber risks as well as the cyber hygiene of your entire vendor ecosystem. With easy-to-understand letter-grade scores, you will have a clear view of your security posture, understand how you compare against your competitors and know your status on relevant compliance standards and regulations.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
iTrust Holdings Inc.

iTrust

Composite Score
7.2 /10
CX Score
7.7 /10

iTrust provides cybersecurity risk ratings and risk intelligence to help businesses build trusted relationships with their vendors, partners, and suppliers. iTrust collects and analyzes third-party risk metrics using machine learning to deliver 360° vendor security and compliance visibility. iTrust is designed to be the world’s most intelligent cyber risk rating and threat intelligence platform.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Cons

  • Slower Product Innovation
RiskRecon

RiskRecon

Composite Score
6.8 /10
CX Score
7.0 /10

RiskRecon provides a SaaS platform that helps organizations more effectively manage the risk reality of increasingly interconnected IT ecosystems by delivering frequent, comprehensive and actionable security performance measurements. Using proprietary data gathering techniques, RiskRecon creates a 360-degree risk profile of an enterprise's public IT footprint. Based on that footprint and a detailed analysis, a RiskRecon rating and report is generated providing detailed, actionable information with context. No additional analysis is required.

Pros

  • Performance Enhancing
  • Trustworthy
  • Efficient Service
  • Saves Time

Cons

  • Less Friendly Negotiation
  • Commodity Features
  • Vendor Friendly Policies
Composite Score
5.0 /10
CX Score
4.4 /10

Control third-party risk and improve your security posture. Monitor and rate your vendor security performance. Automate your security questionnaires.

Pros

  • Trustworthy
  • Efficient Service
  • Inspires Innovation
  • Caring

Cons

  • Less Performance Enhancing
  • Wastes Time
  • Leverages Incumbent Status
Visit our Exponential IT Research Center
Over 100 analysts waiting to take your call right now: 1-519-432-3550 x2019