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How Panorays Helps
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Automating Third-Party Security Risk Management
Panorays is a rapidly growing provider of third-party security risk management software, offered as a SaaS-based platform. Panorays manages the whole process from inherent to residual risk, remediation and ongoing monitoring.
Instead of using static questions, Panorays uses dynamic security questionnaires with external attack surface evaluations and business context to quickly assess supplier cyber risk. It creates a process and security plan that simply integrates with current corporate operations and systems.
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HOW PANORAYS HELPS
360 – Degree Rating
Panorays offers an automated, comprehensive and easy-to-use third-party security platform that manages the whole process from inherent to residual risk, remediation and ongoing monitoring. Unlike other solution providers, Panorays combines automated, dynamic security questionnaires with external attack surface assessments and business context to provide organizations with a rapid, accurate view of supplier cyber risk.
Smart Questionnaires
Increase efficiency and effectiveness by eliminating the tedium and delay of manual questionnaires. Panorays’ automated, customizable security questionnaires include only the questions that are relevant for each supplier (in the language they require), and customers can easily track progress. You can choose from a built-in template or create your own questionnaire and get the answers within a week.
External Footprint Assessment
Panorays non-intrusively evaluates your vendor’s attack surface by performing hundreds of tests, such as collecting information on exposed assets or checking the lack of security best practices. Tests are performed to assess network & IT, application and human layers, including checking web, email and DNS servers, web applications and employees’ social posture.
Context-based Ratings
Not all risk is the same, but companies have no easy way to contextualize risk according to the business relationship with their third parties. Only Panorays rates according to context by considering the business and technology relationship with your suppliers. That way, you will get an accurate picture of risk according to actual business impact, and are able to prioritize efforts correctly to truly control risk.
Collaboration
As the only solution that allows in-platform engagement, Panorays eliminates the friction between evaluator and supplier, enabling communication, collaboration and remediation. Companies gain control over their suppliers’ security by pinpointing cyber gaps and providing a remediation plan. Suppliers easily understand their security gaps and can dispute or validate findings within the platform to achieve accuracy.
Continuous Monitoring
A point-in-time view of your supplier’s cyber posture doesn’t keep up with the evolving risk landscape.
Panorays continuously monitors and evaluates the supplier, providing companies with ongoing visibility, insight and control of third-party risk. Security teams receive live alerts about any security changes or breaches to your third parties.
Dark Web Insights
Dark web insights are essential for assessing the attack surface of your third parties. Panorays checks mentions of the vendor on hacker forums and other dark web marketplaces, providing deep, real-time insight about in-the-wild threats to your supply chain. Companies can be proactive about remediating these threats, as they automatically receive a notification when there is abnormal dark web activity regarding a third party.
Vendor Compliance
The Panorays platform works with your suppliers so that you can be assured that they adhere to regulations and standards such as GDPR, CCPA and NYDFS, among others. That way, you’ll always be ready for external audits.
Security Passport
Easily and securely share information security and privacy capabilities and certifications with prospects and customers. Security Passports can even be shared by your sales team using Salesforce. You decide which information should be shared and can create and edit your passports accordingly.
Key Benefits
Panorays quickly and easily automates third-party security risk evaluation and management — handling the whole process from inherent to residual risk, remediation and ongoing monitoring.
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Third-party Security Evaluation
Dramatically speed up their third-party security evaluation process
Eliminate the tedium and delay of manual questionnaires in assessing third-party security
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Risk Remediation
Prioritize risk remediation to better manage the security of their third parties
Streamline collaboration and remediation between teams and suppliers, creating a transparent, efficient and effective process
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Streamline Collaboration
Streamline collaboration and remediation between teams and suppliers, creating a transparent, efficient and effective process
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Vendor Compliance
Ensure vendor compliance with numerous industry regulations. Optimize the efficiency of their time, resources, and budget
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Visibility into Supplier Risk
Gain continuous visibility and actionable insights into evolving supplier risk
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Business Risk Visibility
Quickly and easily build trust within business relationships
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