Panorays

Panorays is a full third-party cyber risk management platform that continuously monitors Risk DNA to identify potential threats and take proactive measures to defend. The platform automatically adapts defenses for each unique third-party relationship, allowing for automated third-party cyber risk management.

Panorays provides a real-time score, called Risk DNA, for each third-party connection. This dynamic score continuously adapts security posture, ensuring that each relationship is moving towards its optimal security stance. The platform generates cyber risk assessments based on real business risk, providing the security sweet spot for each business relationship. It also continuously monitors supply chain for hidden risks across the network by mapping and scoring all 3rd to Nth-party connections.

Some of the key benefits of Panorays include:

• Actionable Threat Alerts: See evolving third-party threats through your company's risk prism, with actionable alerts that provide context and next steps.
• Vendor Self-Guiding Plans: Fill critical security gaps by providing each vendor with personalized action plans, prioritized to address the risks that matter most to you.
• External Attack Surface Management: Protect your organization from cyber threats with external attack surface monitoring, getting instant alerts on security vulnerabilities and taking action on third-party vulnerabilities.
• Automated Third-Party Cyber Risk Management: Automate third-party questionnaires with compliance templates, auto-complete responses and AI-driven questionnaire validation.
• Comprehensive Risk Assessments: Conduct contextual, AI-driven risk assessments that take into account questionnaire quality, cyber posture and business impact.

Panorays is used by complex supply chains around the world, providing real benefits such as a 99.8% risk rating accuracy, 30% reduction in team time and 98% third-party response rate. It has also been named a leader in the Forrester Wave for Cybersecurity Risk Ratings Platforms (Q2 2024).

With Panorays, organizations can take control of their third-party cyber risks, lower the likelihood of a breach and get a more accurate view of their suppliers. The platform is designed for businesses that want to optimize their third-party risk management and improve their overall cybersecurity posture.

Published on June 20, 2024