Panorays vs RiskRecon

Minimizing the amount of time and effort in learning to use a new solution is a critical aspect of delivering on any value proposition.

Panorays, RiskRecon, and UpGuard offer their services via SaaS and are accessible from web-based platforms that can help users monitor and manage vendor risks.

Panorays: A fully cloud-based service with minimal installation criteria required. The easy-to-use navigation interface and reporting functionality is also well regarded.

RiskRecon: Provides dashboard visibility for risk prioritization based on configured policy. Cloud based platform offers minimal need for installation.

UpGuard: Clean interface offers intuitive navigation to precise risk insights, workflow management, and reporting. Cloud-based platform provides turnkey deployment with no installation required.

Panorays, RiskRecon, and UpGuard help organizations stay informed about their vendors’ information security risks as part of a third-party risk management (TPRM) program.

Panorays: Helps organizations automate their third-party risk assessment and vendor compliance due diligence processes.

RiskRecon: Offers cybersecurity ratings and deep reporting capabilities to help businesses surface and manage cyber risks

UpGuard: Offers real-time visibility into any third-party vendor’s risk posture & security rating along with total automation for managing vendor due diligence and remediation programs.

The main reason organizations invest in security tools is to prevent incidents from happening in the first place.

A solution's ability to prevent data breaches and other cyber attacks before they happen should be front of mind when choosing a security platform. 

Panorays, RiskRecon, and UpGuard all identify risks using passive scans on a third party’s public-facing attack surfaces.

Panorays: Reviews many important breach vectors to assess the supply chain attack surface, including phishing, ransomware susceptibility, man-in-the-middle attacks, DNSSEC, vulnerabilities, email spoofing, domain hijacking, and DNS issues. 

However, threat and risk intelligence enabling greater visibility into supply chain data leakages, compromised corporate identities, and brand fraud is not currently supported.

RiskRecon: Allows users to implement a baseline configuration within the RiskRecon portal to match risk structures being used to manage enterprise and third-party risk.

Risks monitored provide visibility into email security, application security, network filtering, and more.

UpGuard: Reviews many important breach vectors to assess the supply chain attack surface, including phishing, ransomware susceptibility, man-in-the-middle attacks, DNSSEC, vulnerabilities, email spoofing, domain hijacking, and DNS issues.

Provides threat and risk intelligence, enabling greater visibility into supply chain data leakages, compromised corporate identities, and brand fraud.

Keeping informed on product updates and the latest cyber security developments is paramount, with new vulnerabilities and cyber threats emerging daily. 

Customers need up-to-date resources and relevant insights to stay ahead of the curve and protect their organizations from emerging cyber risks. 

The frequency of publication and presence of community engagement is a key indicator of a company’s mission, focus, and investment in its users.

Panorays, RiskRecon, and UpGuard offer comprehensive online resources to educate and inform customers.

Panorays: Panorays engages their user community with regular blog posts on topics covering relevant security incidents, new feature updates, and industry developments. 

Panorays also offers live and recorded webinars to help viewers align their programs to best security practices. 

RiskRecon: Offers a customer user academy, consistently updated company blog, coverage of critical global security events, and a regular webinar schedule for sharing best practices.

UpGuard: UpGuard Summit brings together a community of security leaders from leading companies, explores the future of security, and helps businesses stay secure.

The UpGuard cybersecurity and risk management blog is updated four times a week and the breach research blog has uncovered and secured some of the largest data breaches.

UpGuard’s free weekly Breach Newsletter informs 20,000+ subscribers of the latest global data breaches.

Technology is always changing. New vulnerabilities are added to CVE on a daily basis, and attackers are constantly finding new zero-day exploits. 

The speed at which a security platform can incorporate changes determines how well it can respond to new threats and customer requests. 

Additionally, they should continue to update, adjust, and improve their threat detection methodology to reflect changes to the threat landscape.

Panorays: Panorays’ support pages do not currently appear to document release notes about changes to the platform’s functionalities.

RiskRecon: RiskRecon does not appear to publicly share regular release rates, roadmaps, or documentation for solution updates.

UpGuard: UpGuard has adopted DevOps principles internally to develop, test, and release software continuously, ensuring fast, consistent, and safe releases. 

UpGuard has a regular release rate every two weeks, with all features, changes, and improvements listed under UpGuard Release Notes.

Cyber risk platforms can be expensive and the common use of opaque pricing policies often takes power away from the purchaser. With most services offering tiered licensing options and add-ons, finding a solution that fits your needs and budget can prove more difficult without transparent pricing.

Panorays: Public-facing pricing is not available. Prospective customers must engage with a Panorays representative to receive pricing quotes for different subscription tiers, with higher tiers allowing for a greater number of monitored vendors and customer users.

RiskRecon: Public pricing information is not available. Pricing is reported to start at $10,000 and increases based on the number of vendors monitored.

UpGuard: UpGuard has a fully transparent and publicly accessible pricing model which you can view here. If you have any questions, please email sales@upguard.com.

Accessing the information in a cyber risk product outside of its graphical interface is important for integrated business strategies and consolidating data to a preferred system. 

Panorays, RiskRecon, and UpGuard offer APIs.

Panorays: Offers a JSON-based REST API, that customers can use to build the connections needed to transmit Panorays elements into third-party applications.

RiskRecon: Offers a standard API to create extensibility for RiskRecon cybersecurity ratings.

UpGuard: Offers a standard API to pull data from UpGuard’s platform into other enterprise applications.

APIs are useful for technical staff, but not all information security teams have access to developers. In this situation, standard third-party integrations are an essential part of decision-making.  

Panorays, RiskRecon, and UpGuard offer integrations into other platforms.

Panorays: Offers out-of-the-box integrations with a limited number of third-party platforms, such as ServiceNow and RSA Archer. 

However, most alerting connections to third-party platforms will require development support for custom integrations available via the standard webhook connector available in the platform.

RiskRecon: Offers integrations with GRC platforms, such as RSA Archer, Sigma Ratings, Whistic, and more.

UpGuard: Integrates with Zapier to enable connections to 3,000+ apps; GRC platforms, ticketing systems like JIRA; VRM solutions like ServiceNow, and more.

Panorays: Features most of their customers as belonging in the mid-market segment, such as Mixpanel, WalkMe, and Zerto.

RiskRecon: Major customers include Informatica, Tufts Health Plan, University of San Francisco, and Sentara.

UpGuard: Major customers across highly regulated sectors include Accenture, New York Stock Exchange, Tech Mahindra, & Morningstar.

Panorays: Security rating scale of 0-100, ranked as Bad, Poor, Fair, Good, or Excellent. Security rating scores are a weighted average of the risk rating of all externally facing assets and completed vendor questionnaire scores.

RiskRecon: Distils its assessment criteria into a simple score from 0-10 with letter breakdowns from A-F for corresponding ranges of scores.

UpGuard: Security rating scale of 0-950, ranked as A: 801-950, B: 601-800, C: 401-600, D: 201-400, F: 0-200. You can request your free security rating by clicking here.