Panorays vs RiskIQ: 2025 Comparison

Panorays vs RiskIQ
Category	Panorays	RiskIQ
General summary	Panorays is an IT Vendor Risk Management solution focused on security ratings, vendor assessments, and automated questionnaire workflows. It combines external attack surface monitoring and vendor risk questionnaires, delivering comprehensive visibility into vendor security postures. Panorays specializes in providing clear, unified security ratings and simplifying the vendor onboarding process, though it lacks fully real-time monitoring capabilities.	Primarily focuses on first-party risk rather than taking a holistic view of cybersecurity.
Key strengths	Panorays excels in automated questionnaire workflows, simplifying vendor assessments and onboarding processes. Its unified security rating system effectively quantifies external and internal vendor risks, delivering valuable insights to executive stakeholders. The platform integrates external scans, questionnaires, and certifications into auditable security attestations.
Key weaknesses	Panorays underperforms in its reporting capabilities, offering limited options for customizing reports and dashboards. The platform does not natively support TPRM workflows, forcing customers to purchase additional tools to fill TPRM process gaps.
Usability and learning curve	Panorays offers a user-friendly platform with automated workflows and straightforward vendor onboarding, making it relatively easy for teams to adopt. However, the complex structure of optional questionnaire responses and segmented refresh rates for monitoring can introduce minor learning curve challenges, particularly for teams new to Vendor Risk Management practices.	Its threat intelligence tool maps internet-facing assets and provides insights and prioritized remediation recommendations based on asset criticality, context, and threat severity.
Cyber risk data accuracy	The accuracy of Panorays' cyber risk insights could be improved by including technical information about sources for all identified risks	Relies on first-party attack surface management by monitoring your digital footprint (websites, domains, public-facing assets, as well as javascript resources, and typosquatted domains), as well as external threats like phishing, deep and dark web discussions, email spoofing, and other cyber threats.
Vendor risk management features	Panorays includes comprehensive Vendor Risk Management capabilities such as automated questionnaire workflows, security rating integration, and simplified onboarding management. The platform effectively manages the assessment lifecycle but falls short in providing continuous real-time vendor risk monitoring, potentially requiring supplementary solutions for deeper insights. Its questionnaire design includes numerous optional questions, which often results in vendors skipping responses, potentially weakening the overall risk assessment quality.
Attack surface management features	Panorays effectively identifies and monitors vendor external attack surfaces through periodic scanning intervals. The platform identifies exposed assets and potential vulnerabilities, supporting risk management through visibility and remediation recommendations.
Customer support	Some users have reported unsatisfactory customer support. Given Panorays' smaller customer base compared to other competitors, this is likely due to resource constraints.	Offers a company and product blog.
Workflow automation	Panorays leverages automation effectively for vendor onboarding, questionnaire management, and security attestation workflows. Automated questionnaires streamline data collection and risk assessment processes. However, deeper integration and more advanced automation capabilities, particularly those involving continuous real-time monitoring, may necessitate additional configuration or supplemental solutions.
Artificial intelligence features	Panorays utilizes AI primarily to automate and pre-fill questionnaire responses, reducing manual effort and enhancing assessment efficiency. However, including optional questionnaire items somewhat diminishes the AI's effectiveness, as incomplete vendor responses can affect overall risk visibility and the depth of insights generated.
API and integrations	Panorays includes core integrations such as SSO and API access, particularly at higher-tier subscription levels. Additional specialized integrations or advanced API functionalities may incur extra costs. The platform offers straightforward connectivity options but may require supplemental investments for extensive customization or complex integrations.	Integrates with Cloudflare, Splunk, Crowdstrike, Qualys, Rapid7, ServiceNow, and more.
Purchasing & licensing transparency	Panorays offers a free plan for assessing up to five vendors and a full-featured free trial. However, detailed public pricing information is not disclosed, and users must contact sales directly for tailored quotes. Panorays features a complex pricing structure involving multiple service tiers (Continuous 360° Evaluation, Bi-Annual 360° Evaluation, Continuous Posture Evaluation, Bi-Annual Posture Evaluation, Smart Questionnaires), potentially complicating purchasing decisions and budget forecasting	Pricing not available on the website.
Customers	Major customers include Avis, Arvest, Quantum, and Payoneer.	Major customers include Amazon, Disney, Box, Facebook, McKesson, Toyota, United, Pepsi, Rackspace, DocuSign, and American Express.
G2 rating Accurate as of March 2025	4.3, based on 35 reviews.	4.8, based on 4 reviews.
Security ratings	833 / 950	908 / 950

Panorays vs RiskIQ product overview

Learn more about the products and how they compare.

We assess three TPRM solutions, Panorays, RiskIQ, and UpGuard, to help you make an informed decision before investing in the right solution for your needs.

Panorays Overview

Panorays is a US incorporated company operating largely in Tel Aviv, Israel. The Panorays platform helps users discover, assess, and monitor their cybersecurity risk exposure from third-party vendors in their digital supply chain.

The Panorays platform leverages third-party security ratings, security questionnaires, and remediation workflows to help customers reduce risk through improved due diligence across vendor relationships, mergers & acquisitions, and executive visibility.

Panorays UI

Panorays UI. Source: panorays.com

RiskIQ Overview

RiskIQ is a cybersecurity company based in San Francisco, California. RiskIQ provides cloud-based software as a service for organizations to manage their attack surface and detect phishing, fraud, malware, and other online security threats.

RiskIQ was founded in 2009 by Lou Manousos, Chris Kiernan, and David Pon.

RiskIQ Dashboard User Interface

RiskIQ UI. Source: riskiq.com

UpGuard Overview

UpGuard is a third-party risk and attack surface management platform that helps global organizations prevent data breaches, monitor third-party vendors, and improve their security posture. UpGuard’s platform uses proprietary security ratings, data leak detection capabilities, and remediation workflows to proactively identify security exposures. UpGuard’s all-in-one third-party risk and attack surface management software intelligently groups risks into six categories: website risks, email security, network security, phishing & malware, reputation risk, and brand protection.

Usability and the learning curve

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: A fully cloud-based service with minimal installation criteria required. The Panorays platform is an easy-to-use navigation interface and reporting functionality.
RiskIQ: Interface is easy to understand, takes some time to completely master.
UpGuard: High-level summation of risk with the ability to drill down into precise technical details. Each risk is prioritized based on extensive research conducted by the in-house security team, and where possible remediation and protection suggestions are provided.

Capabilities

Panorays, RiskIQ, and UpGuard help organizations stay informed about their vendors’ information security risks as part of third-party risk management (TPRM) and vendor due diligence programs.

Panorays: Discovers and monitors public-facing domains, subdomains, and IP spaces to approximate a company’s external attack surface as accurately as possible.
RiskIQ: Focuses on first-party attack surface management and does not provide a real solution for third-party risk management.
UpGuard: High-level summation of risk with the ability to drill down into precise technical details. Each risk is prioritized based on extensive research conducted by the in-house security team, and where possible remediation and protection suggestions are provided.

Community support

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, RiskIQ, 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.

RiskIQ: Company and product blog.

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.

Keeping customers and the cybersecurity community informed on the latest cyber security developments is paramount, with new vulnerabilities and threats emerging daily.

Release rate

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.
RiskIQ: The frequency of RiskIQ’s updates is not stated on the website.
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.

Pricing and support

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.
RiskIQ: Rumored to start at $35 per 1,000 analyzed pages per year or $150,000 per analyzed brand plus cumulative consumer downloads per year for mobile products.
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.

API and extensibility

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

Third-party integrations

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, RiskIQ, 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.
RiskIQ: Integrates with Cloudflare, Splunk, Crowdstrike, Qualys, Rapid7, ServiceNow, 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.

Customers

Panorays: Features most of their customers as belonging in the mid-market segment, such as Mixpanel, WalkMe, and Zerto.
RiskIQ: Customers include Amazon, Disney, Box, Facebook, McKesson, Toyota, United, Pepsi, Rackspace, DocuSign, and American Express.
UpGuard: Major customers include Accenture, New York Stock Exchange, Tech Mahindra, IAG, Hopin, NSW Government, and Morningstar.

Security rating

Panorays: Security rating scale of 0-100, ranked as Bad, Poor, Fair, Good, or Excellent.
RiskIQ: Focuses on first-party attack surface management and does not provide a real solution for third-party risk management.
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.

Panorays vs RiskIQ

Did you know UpGuard was voted #1 on G2 and has been for over two years?