About

UpGuard helps businesses manage and reduce risks related to their digital operations through its cybersecurity software solutions. Its main products include UpGuard CyberRisk, which evaluates a company's cybersecurity health and identifies vulnerabilities; UpGuard Vendor Risk, which assesses the security practices of third-party vendors; and UpGuard BreachSight, which monitors the internet for exposed data and potential breaches. Unlike many competitors, UpGuard offers a subscription-based model for its services, allowing clients to access its tools online without the need for installation. The goal of UpGuard is to provide organizations with the necessary tools to protect their data and ensure compliance with regulatory standards.

Simplify's Take

What believers are saying

• Growing demand for third-party risk management boosts UpGuard's market potential.
• AI-driven cybersecurity solutions align with UpGuard's recent tool launches.
• Increased regulatory compliance needs support demand for UpGuard's solutions.

What critics are saying

• Emerging competition from developer-focused platforms like Aikido challenges UpGuard's market share.
• Rapid AI evolution may outpace UpGuard's current capabilities.
• Economic downturns could lead to reduced IT budgets and subscription cancellations.

What makes UpGuard unique

• UpGuard's CSTAR score integrates cybersecurity with corporate insurance policies.
• UpGuard's AI tool streamlines security tasks for resource-limited teams.
• UpGuard's SIG Lite questionnaire enhances third-party risk assessment.

Help us improve and share your feedback! Did you find this helpful?

YesNo