
Apr 07, 2022
4 min read
What You Need to Know About Third-Party Security Requirements and Why
If you’re like most companies, you want to do business with vendors because they simplify your life. That is, unless your vendors are breached. Then they complicate, and may even threaten, your business. Why does this happen? And what, if anything, can you do to prevent this from happening? What does your vendors’ security have to do with you? When...

Mar 24, 2022
2 min read
How To Know Which Questions to Include in Security Questionnaires
Now, more than ever, managing third-party security risk is critical. And one of the ways to manage this type of third-party risk is through vendor security questionnaires. That being said, third-party vendors notoriously hate questionnaires. They complain incessantly about needing to answer tens, if not hundreds, of security questions. They are especially frustrated if the questions being asked are not...

Feb 15, 2022
4 min read
5 Ways that Automation Helps Your Supplier Cyber Risk Management Process
It is no secret that there is a shortage of skilled cybersecurity professionals. Couple that with COVID, remote and hybrid working, and a rise in security breaches and you’ve got a lot of stressed, overburdened professionals looking for effective solutions to make their jobs easier. Sound familiar? If this resonates with you, it’s fair to say that automating your third-party...

Feb 10, 2022
1 min read
The Most Common Third-Party Cyber Gaps Revealed
Wouldn’t it be great if you could get a sneak peek at all the upcoming 2022 cyberattacks? Yes, it would be. But, since that’s not going to happen, we’ve done the next best thing. Panorays used data from our cyber posture evaluations of tens of thousands of third parties from various industries over an extensive period of time to find...

Dec 22, 2021
4 min read
3 Key Tips for Making Your Security Questionnaires More Effective
Are security questionnaires your Achilles heel? While there’s no avoiding them in your third-party security risk management process, there are definite ways to make the process smoother, faster and more productive. Tip 1: Be sure your questionnaire considers inherent risk Inherent risk is the risk level your business faces when you do nothing to reduce the likelihood or mitigate the...

Nov 23, 2021
4 min read
Top 4 Cybersecurity Predictions for 2022
The past two years have certainly taught us to expect the unexpected. That being said, it behooves us to look at the past to gain invaluable insight into the future. As we reflect on the massive changes that have occurred in our world, Panorays experts weighed in on what cybersecurity issues they see taking precedence in the coming year. 1....

Nov 15, 2021
3 min read
3 Quick Tips to Implement a TPSRM Process
Reading the statistics and poring through articles about recent third-party security breaches may educate you about current cyber dangers, but it won’t actually solve anything. The best way to minimize your risk of third-party cyberattacks is by implementing a comprehensive and efficient Third-Party Security Risk Management (TPSRM) process. But if you’re like many, you are part of a small team...

Nov 03, 2021
2 min read
Why Cyber Risk is Financial Risk
To avoid costly mistakes, financial institutions such as institutional investors, private equity firms, venture capital firms, mutual funds and underwriters perform a thorough examination of an organization before investing in it. Aside from evaluating things like management, size of market, an organization’s business model and a product’s competitive edge, financial investors also assess the risk level before financially backing any...

Aug 19, 2021
2 min read
Breaking Down Vendor Security for Financial Services
Just because financial services is a highly regulated industry doesn’t mean that managing your suppliers needs to be an arduous process. It seems counterintuitive that the same vendors who are supposed to simplify your job and expedite day-to-day processes are also costing you hours, days and months to manage. The process of onboarding, managing and maintaining compliant suppliers is a...

Jul 14, 2021
3 min read
How Our New Guide and ROI Calculator Help You Save Money and…
Are you charged with managing your organization’s third-party security and find yourself manually sorting through spreadsheets, trying to make heads-or-tails of your suppliers’ security questionnaires? Are you frustrated by the weeks or months it takes to onboard a new vendor? Are you concerned that your organization will be the next victim of an expensive third-party cyberattack? Wondering how you’ll ever...
Popular Posts

Feb 10, 2022
1 min read
The Most Common Third-Party Cyber Gaps Revealed
Wouldn’t it be great if you could get a sneak peek at all the upcoming 2022 cyberattacks? Yes, it would be. But, since that’s not going to happen, we’ve done the next best thing. Panorays used data from our cyber posture evaluations of tens of thousands of third parties from various industries over an extensive period of time to find...

Aug 26, 2021
3 min read
4 Ways to See if You Are at Risk of a Vendor…
Recent supply chain attacks such as Kaseya, Accellion and SolarWinds have illustrated that when it comes to vendor breaches, it’s not if, but when. While it’s impossible to predict cyberattacks, there are key steps that you can take with your vendors to determine if you might be at risk. Here are 4 key strategies: 1. Monitor security posture It’s important...

Jan 03, 2022
3 min read
5 Resolutions for Reducing Third-Party Cyber Risk in 2022
If there’s one thing we’ve all learned, it’s that supply chain attacks are not going away anytime soon. Last year, we saw major cyber incidents involving Accellion, Kaseya, Codecov and others; next year, there will certainly be more. To help prevent and respond to similar cyber incidents, it’s essential to consider how best to reduce third-party risk. How can this...