Panorays has been named 2018 Startup of the Year in the Golden Bridge Awards, the annual industry and peer recognition program honoring best companies in every major industry around the globe.
The Panorays Platform also earned prestigious Silver recognition as an Information Security and Risk Management Innovation, one of only four selected in this category.
“It’s an honor to be named a winner of the Golden Bridge Awards for helping to increase the cybersecurity confidence level of organizations worldwide by automating third-party security management, so that companies can easily view, manage and engage on the cybersecurity posture of their third-party vendors, suppliers and business partners. We’re thrilled to be recognized by our peers as well as industry leaders,” said Matan Or-El, Panorays CEO.
Panorays’ platform combines a continuous hacker’s view of the evaluated supplier together with an overview of compliance to companies’ internal policies. This ensures that a supplier’s cyber posture is not just evaluated during vetting, but throughout the business relationship. Ratings can be viewed any time and companies can choose to receive real-time alerts when both positive and negative security changes occur at a supplier.
Services are also SaaS-based, taking the total convenience factor one step further by skipping any time-consuming installation while providing the ability to scale from hundreds to thousands of vendors.