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Panorays Enhances Its Cyber Risk Ratings Product With New Dark Web Monitoring Features

Dark web monitoring for supply chain risk is becoming a mandatory feature for cyber risk ratings providers. Panorays’ latest press release shows that it is catching up to the big players.

Dark web monitoring checks hacker forums and marketplaces for mentions of specific company names. These mentions could include offers to sell stolen databases or information that could be used to target the company, such as credentials or vulnerabilities. The inclusion of dark web monitoring information provides an additional dimension to cyber risk ratings, providing customers with more insight into their supply chain security threats.

“With the latest rash of misconfigured servers and data leaks, many companies have discovered too late that a significant breach has occurred,” said Noam Maman, VP Product of Panorays. “Many third-party security solutions assess the attack surface of vendors, but do not venture into the Dark Web. With Panorays, companies receive further necessary visibility into the security posture of their third parties.”

Our Take

Cyber risk rating services are sometimes criticized for being too shallow in their assessments. Too often these services only provide open-source information that anyone could gather themselves using freely available tools. As a result, any deeper insights into supply chain threats will make a product more valuable. Of course, the more well-known players in this space, BitSight and SecurityScorecard, have included dark web monitoring in their products for some time. This announcement is therefore more of a catch-up than an innovation, but it is good news and demonstrates that Panorays is serious about competing.

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