Drata vs RiskWatch Vendor Risk Management
Drata
drata.comRiskWatch Vendor Risk Management
riskwatch.comSide by side
| Figure | Drata | RiskWatch Vendor Risk Management |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 12 | 3 |
| Spec score · Third-Party Risk Management Software | 8.7 (#1) | 7.8 (#6) |
| Founded | 2020 | 1993 |
| Headquarters | San Francisco, California, United States | Sarasota, Florida, United States |
| Security controls | Drata states that it encrypts data in transit and at rest, uses phishing-resistant MFA, hosts on AWS and GCP, performs vulnerability management, and runs red-team testing. | The security page specifies TLS 1.3 in transit, AES-256 at rest, SAML 2.0 SSO, MFA, and role-based access controls. |
Plans
Drata
- Advanced (Assurance)Priced on request
- Advanced (Compliance Automation)Priced on request
- Assurance AdvancedPriced on request
- Assurance EnterprisePriced on request
- Assurance FoundationPriced on request
- Enterprise (Assurance)Priced on request
- Enterprise (Compliance Automation)Priced on request
- Foundation (Assurance)Priced on request
- Foundation (Compliance Automation)Priced on request
- GRC AdvancedPriced on request
RiskWatch Vendor Risk Management
- EnterprisePriced on request
- GrowthPriced on request
- StarterPriced on request
In their own words
Drata
Drata helps companies manage compliance, internal and third-party risk, and customer assurance. It automates control monitoring, evidence collection, and framework mapping. Its Trust Center offers customers a secure self-service portal to review a company’s security posture and request document access. Vendor risk features include inventory synchronization, questionnaire automation, risk tiering, agentic risk scoring, and automated assessment reports. Drata says it integrates with hundreds of tools across a technology stack. Its Open API follows REST standards and allows granular read and write permissions for API keys. Framework support includes SOC 2, ISO 27001, ISO 42001, HIPAA, PCI DSS, GDPR, CCPA, and multiple NIST frameworks. Pricing is available on request, and there is no free plan. Approved customers may receive trial services until the communicated trial ends, a purchased subscription begins, or Drata terminates the trial. Support is provided by chat and ticket Monday through Friday, 24 hours per day, excluding specified holidays, at no additional charge. Trust Center Essential and Pro are not currently supported on mobile device screens.
RiskWatch Vendor Risk Management
RiskWatch Vendor Risk Management helps organizations identify, assess, monitor, and report risks from vendors and other third parties. It assigns vendors to Tier 1, Tier 2, or Tier 3, then uses the tier to set questionnaire depth and reassessment cadence. Teams can use libraries covering SIG, CAIQ, and NIST 800-161 or upload custom questionnaires. Vendors respond through a portal, where they can complete questionnaires and attach SOC 2 reports; a parser extracts criteria, exceptions, CUECs, and gap findings from Type 1 and Type 2 reports and maps them to the customer's control library. Risk scoring covers eight categories, from cybersecurity and compliance to fourth-party risk. Monitoring integrations include BitSight, SecurityScorecard, sanctions watchlists, news feeds, and breach databases. Reports include vendor scorecards, portfolio rollups, and regulatory exam packs, with PDF and Excel exports. Mappings cover frameworks and regulations including ISO 27036, DORA, HIPAA, PCI DSS, and SOC 2. RiskWatch lists Android, iOS, API, self-hosted, and web platforms. Pricing is by request; a 7-day trial requires no credit card.