# Panorays vs RiskIQ: 2025 Comparison

> This is a plain-markdown summary of [https://www.upguard.com/compare/panorays-vs-riskiq](https://www.upguard.com/compare/panorays-vs-riskiq), generated for AI agents and LLMs. Ratings, security scores and pricing details reflect UpGuard's independent analysis and are kept in sync with the source page. Visit the source URL for the full interactive comparison.

Compare the capabilities and features of Panorays and RiskIQ. See which solution performs best across a range of categories.

## Platforms compared
- UpGuard (UpGuard — publisher of this comparison)
- Panorays
- RiskIQ

## Feature-by-feature comparison: Panorays vs RiskIQ

### General summary
- **UpGuard**: 5/5 — UpGuard manages cyber risk everywhere it lives: your vendors, your internet-facing attack surface, and your workforce. You get one platform that connects all three risk areas instead of separate tools and spreadsheets stitched together. A risk in one surfaces in the others automatically. A breached vendor flags your own exposure. A leaked employee credential links straight to the account and the vendor involved. AI handles the repetitive work of triaging alerts, reviewing vendor evidence, and completing questionnaires. That means lean security teams can run programs that would otherwise need much bigger teams. UpGuard fits mid-market teams, deploys quickly, and slots in without replacing what you already have.
- **Panorays**: 3/5 — 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.
- **RiskIQ**: 3/5 — Primarily focuses on first-party risk rather than taking a holistic view of cybersecurity.

### Key strengths
- **UpGuard**: UpGuard unifies vendor, attack surface, and workforce risk in one console. Customers describe finally seeing the whole picture, rather than paying for three tools that each cover only part of it. UpGuard also surfaces exposures that ratings tools and scanners miss, without the multi-week delay of a typical scan cycle. Lean teams can run the entire program without expanding headcount or adding a managed service.
- **Panorays**: 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
- **UpGuard**: UpGuard focuses on managing live, connected risk, not heavy, standalone compliance software. Full governance features, including policy and controls management, arrive later this year. Teams that need a mature governance, risk, and compliance (GRC) system of record today can run UpGuard alongside one for now. UpGuard also doesn’t translate risk into dollar figures. If financial risk quantification is a must-have, factor that into your evaluation.
- **Panorays**: 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
- **UpGuard**: 5/5 — Teams deploy quickly and get up and running without an extended onboarding period. New employees can learn the interface without lengthy training. A single console consolidates workflows that would otherwise require multiple tools, reducing the ongoing burden of learning and maintaining separate systems. Operating the platform doesn’t require a professional services engagement.
- **Panorays**: 4/5 — 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.
- **RiskIQ**: 4/5 — 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
- **UpGuard**: 5/5 — UpGuard’s data remains current. Vendor postures refresh continuously, and users can initiate a scan on demand instead of waiting for a fixed cycle. UpGuard attributes findings accurately, so teams do not spend weeks correcting assets assigned to the wrong company, a common issue with ratings tools. [Threat Monitoring](https://www.upguard.com/product/breach-risk/threat-monitoring) scans the open, deep, and dark web, along with social media, for leaked data, exposed credentials, and brand impersonation. AI filters out noise so the alerts that reach your team are worth acting on.
- **Panorays**: 3/5 — The accuracy of Panorays' cyber risk insights could be improved by including technical information about sources for all identified risks
- **RiskIQ**: 3/5 — 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
- **UpGuard**: 5/5 — UpGuard runs the complete third-party risk management (TPRM) process in one platform: onboarding, assessing, remediating, monitoring, and reporting on vendors. Each vendor’s live external exposure and any linked leaked credentials appear directly within the vendor program, so teams can act on verified risk instead of relying on paperwork. [AI-powered security questionnaires](https://www.upguard.com/product/vendor-risk/questionnaire-management) read vendor evidence and complete assessments automatically, cutting completion time by up to 95%. Instant risk assessments return a point-in-time report in under a minute, mapped to frameworks like ISO 27001 and NIST CSF 2.0.
- **Panorays**: 4/5 — 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
- **UpGuard**: 5/5 — UpGuard continuously monitors your internet-facing footprint. It maps assets, flags exposures such as misconfigurations, expired certificates, and open ports, and ranks remediation priorities. The UpGuard platform also detects typosquatting and lookalike domains set up to impersonate your brand before they’re used for phishing. Because attack surface monitoring runs alongside vendor and workforce risk, an exposed asset or leaked credential automatically links to the person and vendor involved. This gives teams visibility into both external exposure and vendor risk in a single view.
- **Panorays**: 4/5 — 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.

### Security ratings
- **UpGuard**: A grade (943/950), live UpGuard security rating
- **Panorays**: A grade (833/950), live UpGuard security rating
- **RiskIQ**: A grade (908/950), live UpGuard security rating

### Customer support
- **UpGuard**: 5/5 — UpGuard supports every customer across all plan tiers, from the smallest plan to the largest. Support teams assist with both technical setup and larger program decisions. Customers frequently cite [responsive, hands-on support](https://www.upguard.com/customer-support) as a reason they continue with UpGuard.
- **Panorays**: 3/5 — Some users have reported unsatisfactory customer support. Given Panorays' smaller customer base compared to other competitors, this is likely due to resource constraints.
- **RiskIQ**: 3/5 — Offers a company and product blog.

### Workflow automation
- **UpGuard**: 5/5 — [Risk Automations](https://www.upguard.com/product/risk-automations) turns a risk signal into action across the platform, with no code and no engineering ticket. On the vendor side, it automates onboarding from questionnaire data, triages vendor score drops, schedules recurring vendor reports, and opens remediation tickets in ServiceNow or Jira. On the threat side, a Breach Risk detection can trigger a workflow that alerts Teams or Slack and runs a system-level fix, like blocking a malicious IP or forcing a credential reset. This is the difference between a tool that reports on risk and one that resolves it.
- **Panorays**: 4/5 — 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
- **UpGuard**: 5/5 — UpGuard’s AI performs specific, defined tasks, rather than vague “AI-powered” work. The AI Threat Analyst sorts and scores incoming threats across your attack surface, the dark web, and social media. It clears out approximately 60% of alerts as noise, so your team only reviews what matters. The same triage logic extends to vendor and workforce signals as well. Every AI result carries a citation back to the source, so your team can verify it before acting.
- **Panorays**: 3/5 — 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
- **UpGuard**: 4/5 — A well-documented REST API and webhooks let teams pull risk data into their own tools and trigger actions programmatically, without waiting on engineering support. For no-code work, Risk Automations adds more than 100 native integrations, including Jira, ServiceNow, Microsoft Entra, Slack, and Cloudflare. A Universal API Connector Node extends its reach to any open API.
- **Panorays**: 4/5 — 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.
- **RiskIQ**: 4/5 — Integrates with Cloudflare, Splunk, Crowdstrike, Qualys, Rapid7, ServiceNow, and more.

### Purchasing & licensing transparency
- **UpGuard**: 5/5 — UpGuard publishes its pricing rather than hiding it behind a sales call. A free tier lets teams monitor up to five vendors and use [Trust Exchange](https://www.upguard.com/product/trust-exchange), UpGuard’s AI-powered questionnaire tool, at no cost. Paid Vendor Risk plans start at USD 1,750 per month, billed annually. Teams can start with one product and add others as they scale. One license covers both monitoring and assessments, so pricing doesn’t fragment across separate products.
- **Panorays**: 3/5 — 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
- **RiskIQ**: 1/5 — Pricing not available on the website.

### Customers
- **UpGuard**: 5/5 — UpGuard customers include Intercontinental Exchange (NYSE: ICE), Morningstar, TDK, PagerDuty, Hopin, and IAG. Read [UpGuard’s customer stories](https://www.upguard.com/customers) to learn more.
- **Panorays**: 4/5 — Major customers include Avis, Arvest, Quantum, and Payoneer.
- **RiskIQ**: 5/5 — Major customers include Amazon, Disney, Box, Facebook, McKesson, Toyota, United, Pepsi, Rackspace, DocuSign, and American Express.

### G2 rating
_Accurate as of March 2025_
- **UpGuard**: 4.5/5 — More than 700 verified reviews give UpGuard a 4.5 out of 5 rating on G2. UpGuard also holds G2’s top ranking as the leader in Third-Party & Supplier Risk Management for 15 consecutive quarters. The 2026 G2 Best Software Awards recognized UpGuard as one of the Top 100 Global Software Companies. Among verified reviewers, 98% give UpGuard four- or five-star ratings, and 94% approve of its product direction.
- **Panorays**: 4.5/5 — 4.3, based on 35 reviews.
- **RiskIQ**: 5/5 — 4.8, based on 4 reviews.

## Reviews

### Gartner Peer Insights
_Overall ratings for the IT VRM Solutions market. Accurate as of January 2024_
- **UpGuard**: 4.4/5 — 4.4, based on 160 reviews. **Named a Representative Vendor** in the 2022 Gartner Market Guide for IT VRM Solutions

### G2 rating
_Accurate as of March 2025_
- **UpGuard**: 4.5/5 — More than 700 verified reviews give UpGuard a 4.5 out of 5 rating on G2. UpGuard also holds G2’s top ranking as the leader in Third-Party & Supplier Risk Management for 15 consecutive quarters. The 2026 G2 Best Software Awards recognized UpGuard as one of the Top 100 Global Software Companies. Among verified reviewers, 98% give UpGuard four- or five-star ratings, and 94% approve of its product direction.
- **Panorays**: 4.5/5 — 4.3, based on 35 reviews.
- **RiskIQ**: 5/5 — 4.8, based on 4 reviews.

### Glassdoor
_Accurate as of March 2025_
- **UpGuard**: 4.4/5 — 4.4, based on 95 reviews.

## Overview
We assess three TPRM solutions, Panorays, RiskIQ, and [UpGuard](https://www.upguard.com/), 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. 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 UI. Source: riskiq.com*

## 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](https://www.upguard.com/blog/cybersecurity-important) developments is paramount, with new [vulnerabilities](https://www.upguard.com/blog/vulnerability-management) and [cyber threats](https://www.upguard.com/blog/cyber-threat) 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](https://www.upguard.com/events) 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](https://www.upguard.com/blog) is updated four times a week and the breach research blog has uncovered and secured some of the [largest data breaches](https://www.upguard.com/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](https://www.upguard.com/blog/vulnerability) are added to [CVE](https://www.upguard.com/blog/cve) on a daily basis, and attackers are constantly finding new [zero-day exploits](https://www.upguard.com/blog/zero-day).

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](https://www.upguard.com/releases).

## 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](https://www.upguard.com/pricing). If you have any questions, please email [sales@upguard.com](mailto: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](https://www.upguard.com/integrations).

## 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](https://www.upguard.com/blog/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.](https://www.upguard.com/instant-security-score)

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Full interactive comparison: https://www.upguard.com/compare/panorays-vs-riskiq