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Panorays is dedicated to removing third-party security risks so that businesses worldwide may collaborate swiftly and securely.
FREMONT, CA: Panorays, a fast-growing third-party security risk management supplier, recently announced a partnership with Camwey Technology, an IT security and networking company, to bring the Panorays platform to organizations across the United Kingdom.
The alliance came after large supply chain attacks involving SolarWinds, Kaseya, Accellion, and Codecov were widely reported in the media. These cyber-attacks have highlighted the need for greater visibility into supply chain risk. Furthermore, according to ENISA, the European Union Agency for Cybersecurity, supply chain threats are predicted to increase 400 percent in 2021 compared to 2020.
"As evidenced by some of the recent high-profile supply chain cyber breaches, effective and efficient third-party supplier risk management is more important than ever, "said Patrick Gahan, Founder, and MD, Camwey Technology. "Panorays unique technology combines automated, dynamic security questionnaires with external attack surface assessments and business context to provide organizations with a rapid, accurate view of supplier cyber risk. We are certain that businesses in the UK will benefit from Panorays comprehensive approach to third-party security risk management."
Panorays is dedicated to removing third-party security risks so that businesses worldwide may collaborate swiftly and securely. Users can utilize its product to manage, mitigate, and remediate supplier security threats, reduce breaches, and improve overall security. Forrester, a research and advisory company, named the organization a good performer earlier this year, awarding it the best score in the criteria of data accuracy and risk context.
"We are thrilled to partner with Camwey Technology to bring Panorays third-party security risk management solution to the UK market," said Erez Shalom, VP Global Channel Sales and Strategic Partnerships, Panorays. "Our partnership with Camwey Technology is a key milestone in our global reach, providing organizations in the UK with the ability to automate, accelerate and scale their entire third-party security risk management process."