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ease
features
design
support

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Description

Experience the quickest method to conduct secure business partnerships by automating the management of third-party security lifecycles. Achieve a comprehensive understanding of your suppliers by integrating insights from both a hacker's perspective and your internal security policies. The hacker's perspective evaluates the security posture similarly to how an attacker would assess a target organization, while the internal policy verification guarantees adherence to established security practices. This creates a streamlined and efficient third-party security workflow solution. Panorays provides swift security ratings derived from a simulated hacker's viewpoint that assesses assets externally, paired with an internal review to confirm the supplier meets your company's security standards. Additionally, Panorays offers automated, tailored security questionnaires that feature only the pertinent questions for each supplier, allowing you to monitor progress effortlessly. You have the flexibility to select from existing templates or develop your own customized set of questions to suit your specific needs. This dual approach not only enhances security but also simplifies collaboration with your suppliers.

Description

Third-party risk management (TPRM) provides a systematic framework to evaluate and mitigate the risks that organizations face due to their associations with external entities. These external entities primarily include vendors, customers, joint ventures, counterparties, and fourth parties. Engaging with third parties can introduce considerable enterprise risks, especially as the number of partnerships expands, regulatory scrutiny increases, and the landscape of cyber threats becomes more intricate. As a result, businesses are increasingly allocating resources and focus towards understanding and managing the potential risks associated with these third-party affiliations. While such relationships enhance flexibility and competitiveness in the global market, they also enable organizations to outsource critical functions, allowing them to concentrate on their core strengths. However, the advantages brought by third parties are accompanied by serious risks, including the potential for cyberattacks, disruptions in business continuity, and damage to reputation, all of which can severely impact the overall health of a company. Thus, balancing the benefits and risks of third-party relationships has become essential for effective enterprise risk management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SeeMetrics
Skypher
anecdotes

Integrations

SeeMetrics
Skypher
anecdotes

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$750 per year
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Panorays

Founded

2018

Country

Israel

Website

panorays.com

Vendor Details

Company Name

Riskpro India

Founded

2011

Country

India

Website

www.riskpro.in

Product Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Product Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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