Panorays

Panorays is a cybersecurity startup that provides a platform for businesses to evaluate and manage their third-party risk. The company operates in the cybersecurity market, serving clients who need to manage their digital supply chain risks. This includes businesses that onboard new suppliers and need to monitor changes to their cyber risk levels.

Panorays' business model revolves around its unified platform that offers comprehensive third-party risk ratings. These ratings are generated using security questionnaires, external attack surface assessments, and automated workflows. The platform allows businesses to confidently onboard new suppliers and efficiently monitor changes to their cyber risk levels. It provides complete visibility across the entire digital supply chain, enabling businesses to stay ahead of real-time threats and respond to cyber risk events promptly.

The company's platform is intuitive and user-friendly, allowing for customization of questionnaires and quick responses from third parties. It eliminates the manual effort required in vendor due diligence, providing a holistic view of a vendor's risk profile. This comprehensive view of suppliers includes their security and privacy levels, permissions needed, and data usage.

Panorays makes money by charging businesses for access to its platform. The platform's efficiency and comprehensive risk assessment capabilities make it a valuable tool for businesses, leading to a high success rate and faster deal completion.

Keywords: Cybersecurity, Third-Party Risk, Digital Supply Chain, Vendor Due Diligence, Security Questionnaires, External Attack Surface Assessments, Automated Workflows, Risk Ratings, Supplier Onboarding, Cyber Risk Monitoring.