OneTrust GRC vs SearchInform Risk Monitor comparison

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OneTrust Logo
2,741 views|1,382 comparisons
57% willing to recommend
SearchInform Logo
98 views|18 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between OneTrust GRC and SearchInform Risk Monitor based on real PeerSpot user reviews.

Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management.
To learn more, read our detailed IT Vendor Risk Management Report (Updated: March 2024).
768,740 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"As a solution for IT risks, it is a very good product.""It does help in the automation of our privacy impact assessments.""We receive notifications or cases and prioritize them accordingly, which helps us address issues promptly.""OneTrust GRC is stable.""The product helps us streamline audit and incident management processes.""Vendors can be assessed and rated out of the tool, and assessments can be scheduled for updates at certain intervals.""One of the valuable features of this solution is it has the ability to review fourth and fifth parties to the nth degree."

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"In general, the presence of a system disciplines employees and contributes to labor efficiency."

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Cons
"OneTrust GRC's workflows aren't automated and need to be manually driven.""They could improve by offering free help. A solution, a lot of times, is not just the use of the solution. For example, it is the overall engagement, how well do they support the system, what is their SLA, and how long their response time is to an issue. It would be beneficial if they had some type of professional services where they offer the first five hours of professional services a year for free. That would be a substantial benefit rather than having to buy professional services or professional services packages.""There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow.""The product is not that easy to set up.""We encounter difficulties creating multiple platforms or interfaces and manual processes for changing certain settings.""I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution.""The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases."

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"The function of speech recognition and its automatic processing in accordance with the rules and policies of the system would be very interesting and is something they should add."

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Pricing and Cost Advice
  • "I found the pricing and setup cost very reasonable."
  • "OneTrust GRC's licensing costs about $15,000 per module."
  • "On a scale from one to ten, where one is cheap, and ten is too expensive, I rate the solution a seven since it falls under the pricey side."
  • "The solution is expensive."
  • "The platform is expensive."
  • More OneTrust GRC Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The product helps us streamline audit and incident management processes.
    Top Answer:The product is not that easy to set up. It is also not easy to get used to the naming convention. It requires in-depth training.
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    Ranking
    Views
    2,741
    Comparisons
    1,382
    Reviews
    4
    Average Words per Review
    383
    Rating
    6.5
    24th
    Views
    98
    Comparisons
    18
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    OneTrust Vendor Risk Management
    Learn More
    SearchInform
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    Overview

    OneTrust is the largest and most widely used technology platform to operationalize privacy, security and third-party risk management. More than 2,500 customers, both big and small and across 100 countries, use OneTrust to demonstrate compliance with privacy regulations including the GDPR, California Consumer Privacy Act, Brazil LGPD, and hundreds of the world's privacy laws.

    OneTrust's size and scale allows it to offer the easiest-to-use and most affordable solution for implementing use cases including: Privacy Maturity Benchmarking, Data Protection by Design and Default (PbD), Data Protection Impact Assessments (PIA/DPIA), Third-Party Vendor Risk Management, Incident and Breach Response, Data Mapping (Records of Processing), Customer Preference Management, Consent Management, Website Scanning & Cookie Compliance, Mobile App Scanning, Data Subject/Consumer Rights Management and Policy & Notice Management.

    The platform's intelligence comes from DataGuidance by OneTrust, an in-depth and up-to-date source of privacy and security regulatory summaries, guidance, templates, case law, and analysis. The database is updated daily by over 20 in-house privacy researchers, along with a network of 500 lawyers across over 300 jurisdictions.

    OneTrust's 700 employees are located across co-headquarters in Atlanta and in London with additional locations in Bangalore, Melbourne, San Francisco, New York, Munich and Hong Kong. To learn more, visit OneTrust.com.

    Risk Monitor, our key solution, is a comprehensive internal threat mitigation platform which allows a company be aware of any activity performed within the corporate perimeter. Its toolset builds up your risk management program and lets you control data in transit and data at rest, monitor internal and external user communication, conduct ongoing and retrospective investigation identifying every detail of an incident or a potential threat acting as an early warning.

    The software will simplify privileged user monitoring, identify a malicious insider, alert to policies violation, inform you about fraud or bribery episodes, about plotting against management or colleague blackmailing, quickly identify the source of an incident, the reason for a violation and the means an offender used, assist with IT infrastructure inventory.

    It incorporates instruments for monitoring nearly each communication and data transfer channel, including messengers, email, web forms and chats, social media, external storage devices, printers and other popular means to share information.

    Allows you to assess performance or get an insight into an incident with the help of up to 100 various reports. Supplies more than 300 preconfigured policies to quickly launch the solution and obtain the first results.

    Sample Customers
    randstand, into, halfbrick
    En+ Group, Prettl-NK, Gazprom, SPLAT, bp
    Top Industries
    REVIEWERS
    Retailer29%
    Comms Service Provider29%
    Computer Software Company29%
    University14%
    VISITORS READING REVIEWS
    Financial Services Firm14%
    Computer Software Company11%
    Government7%
    Manufacturing Company6%
    No Data Available
    Company Size
    REVIEWERS
    Small Business9%
    Midsize Enterprise9%
    Large Enterprise82%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise15%
    Large Enterprise65%
    No Data Available
    Buyer's Guide
    IT Vendor Risk Management
    March 2024
    Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management. Updated: March 2024.
    768,740 professionals have used our research since 2012.

    OneTrust GRC is ranked 4th in IT Vendor Risk Management with 7 reviews while SearchInform Risk Monitor is ranked 24th in IT Vendor Risk Management. OneTrust GRC is rated 7.6, while SearchInform Risk Monitor is rated 10.0. The top reviewer of OneTrust GRC writes "Costly solution that may not guarantee ROI, but remains effective in IT risk management ". On the other hand, the top reviewer of SearchInform Risk Monitor writes "Great technical support with good flexibility and the ability to scale". OneTrust GRC is most compared with RSA Archer, ProcessUnity, AuditBoard, Workiva Wdesk and LogicGate, whereas SearchInform Risk Monitor is most compared with .

    See our list of best IT Vendor Risk Management vendors.

    We monitor all IT Vendor Risk Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.