Panorays is a third-party cyber risk management platform that rates, monitors, and helps remediate vendor security risk using AI-powered assessments and…
Category
Security
Pricing
Custom / Contact sales
Verified
Not yet
Last updated
August 7, 2026
SaaSWeb AppFree TrialEnterpriseDashboardReporting
Panorays is a third-party cyber risk management (TPCRM) platform built to help organizations gain visibility into, assess, and continuously monitor the security posture of their vendors, suppliers, and other third parties. Its core offering, Risk DNA, blends AI-driven security questionnaires, external attack surface scanning, business-context risk analysis, and each vendor's own security policies into a single unified risk rating. Beyond assessment, Panorays offers a centralized vendor inventory (with mapping of fourth- and nth-party relationships), always-on monitoring and alerting for emerging vendor risk, and remediation workflows that let security teams collaborate directly with vendors to close gaps. The platform is aimed at mid-market and enterprise security, GRC, and procurement teams in industries such as financial services, healthcare, and technology that manage large, complex vendor ecosystems, including use cases like M&A due diligence and regulatory programs such as DORA. Panorays is headquartered in New York and has been recognized as a Leader in the Forrester Wave for Cybersecurity Risk Ratings Platforms (Q2 2026).
Key Features
Risk DNA unified rating — Combines AI-powered security questionnaires, external attack surface scanning, business-context risk, and vendor policies into a single risk score.
External Attack Surface Management — Continuously scans and monitors internet-facing assets for vulnerabilities across a vendor ecosystem.
Smart Inventory — Centralizes all third parties in one repository and maps fourth- and nth-party relationships.
Continuous Monitoring & Alerts — Always-on monitoring with real-time alerting for emerging vendor risk.
Remediation & Collaboration — Assign, track, and collaborate on remediation tasks directly with vendors inside the platform.
Reporting & Dashboards — Track and present a supplier portfolio across multiple report and dashboard views.
Pros & Cons
Pros
Unified 'Risk DNA' rating combines questionnaire responses, attack-surface scanning, and business context instead of relying on a single risk signal
Broad set of enterprise integrations across GRC, procurement, ITSM, and CLM tools (e.g. ServiceNow, Archer, Jira, DocuSign, SAP)
Built-in remediation and collaboration workflows let security teams engage vendors directly to close identified gaps
Recognized as a Leader in the Forrester Wave for Cybersecurity Risk Ratings Platforms (Q2 2026)
Cons
Pricing is entirely custom and not published, making it hard to budget or compare without contacting sales
Positioned toward mid-market/enterprise buyers, which may make it less accessible for very small businesses
Depth of self-serve documentation on specific integrations and setup is limited on the public site