{"id":3298,"date":"2021-03-01T16:06:37","date_gmt":"2021-03-01T20:06:37","guid":{"rendered":"https:\/\/solutionsreview.com\/security-information-event-management\/?p=3298"},"modified":"2021-03-01T16:06:37","modified_gmt":"2021-03-01T20:06:37","slug":"findings-the-forrester-new-wave-cybersecurity-risk-rating-platforms-q1-2021","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/security-information-event-management\/findings-the-forrester-new-wave-cybersecurity-risk-rating-platforms-q1-2021\/","title":{"rendered":"Findings: The Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021"},"content":{"rendered":"

\"Findings:<\/p>\n

Disclaimer: The opinions described in this article belong to the researchers and editors of The Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021. Solutions Review does not expressly condone any individual solution or solution provider.<\/span><\/i><\/p>\n

Recently, Cambridge MA-based analyst house Forrester Research released the latest iteration of its flagship Forrester Wave report; this report is entitled \u201cThe Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021.<\/a>\u201d\u00a0<\/span><\/p>\n

Researchers Paul McKay, Alla Valente, Joseph Blankenship, Shannon Fish, and Peggy Dostie created a 10 criteria report analyzing the market. Through these criteria, they identify the seven most significant vendors. These vendors include BitSight, Black Kite (previously Normshield), Panorays, Prevalent, RiskRecon, SecurityScorecard, and UpGuard.\u00a0<\/span><\/p>\n

The Wave Report describes Forrester\u2019s findings concerning how each provider meets its researchers\u2019 evaluation criteria. Thus, with this information, Forrester\u2019s researchers place each vendor on their Wave; the graph, in turn, positions each vendor as a Leader, Strong Performer, Contender, or Challenger in relation to one another.<\/span><\/p>\n

The editors of Solutions Review read the full report. Here\u2019s what we found.<\/span><\/p>\n

ALERT: Our Buyer\u2019s Guide for SIEM<\/a> helps you evaluate the best solutions for your business use case and features profiles of the leading profiles, as well as a category overview of the marketplace (including use cases and necessary questions to ask providers) and Bottom Line Analysis. Don’t delay your cybersecurity.<\/div><\/span><\/p>\n

Key Capabilities in Cybersecurity Risk Ratings Platforms, Q1 2021<\/b><\/h3>\n

In the report, Forrester focuses on the capabilities supporting cybersecurity vetting and continuous monitoring within third-party risk management use cases. To quote the report: \u201cUsing externally observable data for an enterprise’s external internet presence, solutions in this market give a single, aggregated rating of a firm’s cybersecurity posture across several security risk factors.\u201d\u00a0<\/span><\/p>\n

However, The Forrester New Wave Q1 2021 stresses that the market remains immature, as capabilities continue to develop to accurately reflect an enterprise\u2019s cyber risk. Additionally, vendors maintain inconsistent levels of transparency.\u00a0<\/span><\/p>\n

Two Leaders in Cybersecurity Risk Ratings\u00a0<\/b><\/h3>\n

Of the seven vendors in The Forrester New Wave Q1 2021, only two are named Leaders: SecurityScorecard and BitSight. RiskRecon and Panorays both receive the title of Strong Performers, while the remaining three appeared in the Contenders section.\u00a0<\/span><\/p>\n

Forrester praises SecurityScorecard for its robust process transparency and workflow capabilities. Meanwhile, BitSight garners attention for its robust process transparency and workflow capabilities.<\/span><\/p>\n

Read the full Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021<\/a>.\u00a0<\/span><\/p>\n


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Disclaimer: The opinions described in this article belong to the researchers and editors of The Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021. Solutions Review does not expressly condone any individual solution or solution provider. Recently, Cambridge MA-based analyst house Forrester Research released the latest iteration of its flagship Forrester Wave report; this report […]<\/p>\n","protected":false},"author":41,"featured_media":2994,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1,3],"tags":[1504,1511,95,1510,284,829,835,86,1512,1513,1514,1515,1516],"acf":[],"yoast_head":"\nThe Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021<\/title>\n<meta name=\"description\" content=\"Analyst house Forrester Research released the latest iteration of its "Forrester New Wave: Cybersecurity Risk Rating Platforms, Q1 2021.\u201d\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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