Compare Panorays vs OneTrust
“Panorays enables us to assess and make decisions related to third-party vendors in an optimal fashion.”
Includes fourth-party discovery, deep protocol inspection, human factor and business context. Deep inspection of cloud service providers (AWS, Azure) regions and availability zones. Fastest new vendor assessment in the industry (<2 hours). 99.8% findings accuracy.
Does not offer external attack surface assessment. Offers integration with SRS tools for extra fee.
Automates the entire TPSRM process from attack surface analysis to questionnaire assessments accounting for both inherent risk and residual risk, remediation and ongoing monitoring.
TPSRM is a second priority for which OneTrust offers limited capabilities. Does not offer external attack surface assessment or continuous monitoring. Strong evidence collection with questionnaires.
Impact: Incomplete view of third-party risk
Integration of both templated (ex. SIG, CAIQ) and customizable questionnaires included in the platform. Panorays’ questionnaires are based on advanced logic, include an analysis layer and are mapped against our external attack surface assessment to ensure authenticity of answers.
Offers smart questionnaire capabilities.
Depth of Features
Panorays stands out with its complete questionnaire capabilities, attack surface assessment accuracy, rich contextualization of vendor relationships and corresponding workflows. Panorays’ basic offering includes protocols drill-down, a complete list of vendor technologies and CVE’s, questionnaire creation and simple-to use fourth-party discovery. Panorays is designed to save you time and improve your relationship with your vendors.
Vendor Risk Management is one of many OneTrust offerings that are available for separate purchases. Strong options in adjacent areas, such as Governance, Risk and Compliance.
Impact: Increased cost, incomplete view of third-party risk
Ease of Use
Streamlined, use case specific workflows are clear, simple to implement and cover all your third-party security risk management needs. Bottom-line risk rating and automated remediation plans save you time and let you focus on significant risk factor mitigation.
Provides very intuitive user interface and an easy-to-use platform.
Customers communicate directly with vendors in the app, streamlining remediation and dispute resolution, improving vendor relationships and enabling faster onboarding of approved vendors. Remediation plans are derived from both attack surface assessment and questionnaire responses.
Does not facilitate in-app communication between evaluator and vendor.
Impact: Increased operational costs
Includes advanced features in basic offerings, such as dark web mentions, fourth-party discovery and all available data about the supplier. Panorays also offers a free account to suppliers or anyone that wants to get started with Third-Party Security Risk Management.
Pricing is transparent for businesses under 1000 employees, where Questionnaire-driven Third-Party Risk Management starts at $7,200/year. Does not include Attack Surface Assessment. Pricing is not transparent for enterprise. Offers free security rating.
Impact: High costs for complete solution
Offers comprehensive API, as well as out-of-the-box integrations with GRC platforms (ex. ServiceNow), data exchanges (ex. Snowflake), compliance platforms (anecdotes), asset management platforms and more.
Integrations are primarily focused on facilitating connections within the OneTrust solution portfolio.
Recently nominated in SE Magazine for outstanding customer service, Panorays CS is consistently rated outstanding on review sites such as Gartner Peer Insights. Comprised of cybersecurity experts with vast experience supporting building TPSRM programs, our team is dedicated to automating your TPSRM and making it easily manageable. Panorays also has a designated security team, dedicated to finding third-party vulnerabilities before they happen.
Online resources do not emphasize superior customer service.
Impact: High operational costs