Cross-Sector / Enterprise Fintech › Risk, Regulatory & Compliance (GRC) › Third-Party Risk Management (TPRM)

Panorays

Third-party cyber risk management platform that assesses and monitors the security of vendors serving financial firms.

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Overview

Panorays sells a third-party cyber risk management platform with an offering for financial services organizations. It combines cybersecurity questionnaires with an assessment of each supplier's external attack surface, then tracks vendors continuously, alerting on changes in cyber posture and detecting fourth and further parties in the supply chain.

Financial firms can sort vendors by criticality, data access and risk rating, track vendor compliance status against regulations such as DORA, NYDFS and GDPR, and see how a breach at a single supplier affects direct and indirect suppliers. The platform also includes remediation workflows, a trust center and board reporting on third-party risk exposure. The company is headquartered in New York.

Key Features

+ Vendor security questionnaires
+ External attack surface assessment
+ Continuous vendor cyber monitoring
+ Regulatory compliance tracking

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