Company Market Research Report: Panorays



Company Overview


  • Name: Panorays

  • Mission of the Company: To reduce supply chain cyber risk so companies worldwide can quickly and securely do business together, transforming cybersecurity from a necessary cost to a driver of growth.

  • Founded: No information is available

  • Founders: No information is available

  • Key People:

  • Matan Or-El: CEO & Co-Founder

  • Meir Antar: COO & Co-Founder

  • Demi Ben-Ari: CTO & Co-Founder

  • Keren Herscovici: Chief Financial Officer

  • Alan Elliot: Chief Revenue Officer

  • Einat Etzioni: Chief Marketing Officer

  • Giora Omer: Chief Architect

  • David Cohen: VP R&D

  • Zohar Sela: VP of Human Resources

  • Headquarters: 41 East 11th Street, 10th Floor, New York, NY 10003

  • Number of Employees: No information is available

  • Revenue of the Company: No information is available

  • Known For: Providing a comprehensive third-party cybersecurity solution that helps businesses manage third-party cyber risks.


Products



1. Risk DNA Assessments


  • Description: Panorays' Risk DNA combines the level of business criticality, external and internal assessments, and the company’s risk appetite to create a unique cybersecurity posture rating for third parties.

  • Key Features:

  • Continuous monitoring and risk assessment

  • Customizable questionnaires

  • AI-driven assessment validation

  • Context-based ratings

  • Alerts for changes in risk


2. External Attack Surface Management


  • Description: This tool provides complete visibility into the external attack surface of third-party networks to safeguard against cyber threats.

  • Key Features:

  • Real-time data and alerts on evolving risks

  • Detailed asset discovery

  • Network, application, and human factor assessments

  • Continuous monitoring

  • Comprehensive attack surface insights


3. Cybersecurity Questionnaires


  • Description: Panorays’ automated and customized security questionnaires streamline the assessment of third-party cyber risks.

  • Key Features:

  • Customizable questionnaire templates

  • Built-in SIG and CAIQ questionnaires

  • AI-driven response validation

  • In-app collaboration with third parties

  • Efficient task automation


4. Communication


  • Description: Panorays enables seamless communication and collaboration between companies and their third parties through a centralized platform.

  • Key Features:

  • In-app messaging for dispute resolution and information sharing

  • Task assignments and progress tracking

  • Activity audit logs


5. Remediation


  • Description: This tool provides third parties with prioritized, step-by-step remediation plans to address cyber vulnerabilities.

  • Key Features:

  • Customer-defined security thresholds

  • Automatic detection and reflection of progress

  • Aggregated remediation plans

  • Real-time updates on remediation progress


6. Continuous Cyber Security Monitoring


  • Description: This continuous monitoring tool keeps track of changes in the cyber posture of third parties and alerts on emerging threats.

  • Key Features:

  • Real-time cyber risk alerts

  • Continuous compliance tracking

  • Centralized monitoring dashboard


Recent Developments



  • New Product Launches:

  • AI-Powered Solution Unveiled at RSAC 2024: Panorays revealed an AI-powered solution designed to enhance cyber risk management.


  • New Features Added:

  • Smart Match AI Capability launched, allowing third parties to upload previously answered questionnaires for better matching.

  • Enhanced Cyber News sources including SEC 8-K filings for real-time cyber event alerts.

  • Internal Questionnaires: Facilitates gathering information from relationship owners during assessment processes.

  • Live Dashboards: Enables custom reporting tailored to user’s data needs.

  • New Cyber Posture Findings: Introduction of Content Security Policy (CSP) check.


  • Partnerships:

  • Proactive Risk Partnership: Formed a partnership to enhance third-party risk assessment capabilities.


Summary


Panorays offers advanced cybersecurity solutions focusing on third-party risk management. Their suite of products includes Risk DNA Assessments, External Attack Surface Management, Cybersecurity Questionnaires, Communication Tools, Remediation Management, and Continuous Cyber Security Monitoring. The company is led by an experienced entrepreneurial team and was recently recognized as a leader in The Forrester Wave™ for Cybersecurity Risk Ratings Platforms, Q2 2024. Notable features added in recent updates include Smart Match AI, extended attack surface insights, and improved risk communication tools.