RiskRecon vs RiskWatch Vendor Risk Management
RiskRecon
riskrecon.comRiskWatch Vendor Risk Management
riskwatch.comSide by side
| Figure | RiskRecon | RiskWatch Vendor Risk Management |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 4 | 3 |
| Spec score · Risk Assessment Software | 8.1 (#1) | 7.7 (#5) |
| Headquarters | RiskRecon says it is headquartered in Salt Lake City, Utah, with a presence in Boston, Massachusetts. | Sarasota, Florida, United States |
| Intended users | The maker describes use by third-party risk teams, internal security analysts, M&A teams, CISOs, and boards. | The maker describes teams managing 200–2,000 vendors and presents reference tiers for small teams, mid-market teams, and enterprise or multi-entity programs. |
| Purpose | RiskRecon provides cybersecurity ratings and insights to help organizations understand and act on cyber risk. | RiskWatch helps organizations identify, assess, monitor, and report risks introduced by vendors and other third parties. |
Plans
RiskRecon
- 30-day free trialFree
- Free 30-day portal accessFree
- Paid subscriptionPriced on request
- RiskRecon subscriptionsPriced on request
RiskWatch Vendor Risk Management
- EnterprisePriced on request
- GrowthPriced on request
- StarterPriced on request
In their own words
RiskRecon
RiskRecon provides cybersecurity ratings and insights to help organizations assess and act on cyber risk across their vendor ecosystems. It continuously monitors vendors and offers real-time visibility into third-party exposure. Its asset discovery uses analyst-assisted machine-learning models tailored to each monitored company to attribute assets as they change. Findings are prioritized by issue severity and estimated asset value, with estimates based on factors such as authentication, transaction capabilities, and collected data types. The platform can create risk-prioritized vendor action plans; vendors can track remediation in its portal at no cost and without time limits. RiskRecon Assessments Powered by Whistic uses AI to help answer questionnaires, summarize documentation, and check compliance across a vendor catalog. Ratings cover externally visible systems, not direct inspection of internal systems. It offers API and web access, continuous score refresh, change alerts, and full attack-surface coverage. Pricing is on request, and a 30-day trial includes a quick-start guide and access to the Solutions Consulting team. A free plan is not available, though the trial includes portal access for up to 50 vendors.
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.