Press Release

Panorays Achieves ISO/IEC 42001 Certification, Setting a New Standard for AI Governance for Third-Party Cyber Risk Management

Panorays, a global leader in Third-Party Cyber Risk and Compliance Management (TPCRM), today announced its successful certification to ISO/IEC 42001:2023, the world’s first international standard for Artificial Intelligence Management Systems (AIMS).

— This certification further positions Panorays as one of the most trusted and AI-governed TPCRM platforms available to enterprises worldwide.

As AI becomes deeply embedded in cybersecurity and vendor-risk operations, organizations are demanding solutions that combine innovation with governance, transparency, and accountability. ISO 42001 directly addresses these expectations, setting a global benchmark for trustworthy AI systems in security workflows.

Panorays’ certification ensures that the AI capabilities powering its vendor security assessments, external attack surface monitoring, and risk-intelligence workflows meet strict requirements for transparency, oversight, risk management, and continuous improvement.

ISO 42001 Certification Scope – AI Capabilities Across the Panorays Platform

The certification covers Panorays’ full AI-enabled TPCRM SaaS platform, including:

  • Accelerating questionnaire completion by suggesting answers from previously completed questionnaires, uploaded certifications, external intelligence, and a searchable knowledge base of past responses.
  • Verifying third-party questionnaire responses by analyzing documents, certifications, and attestations with AI.
  • Detecting digital assets across the supply chain using an affiliation model, identifying all third- and Nth-party connections while minimizing false positives.
  • Predicting the likelihood of supplier breaches by benchmarking industry performance and past incidents.
  • Enriching supplier information during External Attack Surface assessments by extracting metadata like certifications from public sources.
  • Classifying cyber news and dark web mentions for each supplier, highlighting only the items most relevant and critical to the business.

With ISO 42001 now alongside Panorays’ ISO 27001 and SOC 2 Type II certifications, the company delivers one of the most comprehensive compliance and AI-governance frameworks in the TPCRM industry.

“ISO 42001 is more than a certification; it is validation that Panorays is leading the TPCRM industry into the next era of trusted, governed and responsible AI,” said Ahikam Harush, VP of Information Systems & CISO at Panorays.

“Enterprises today demand AI that accelerates vendor-risk decisions without compromising transparency or control. Panorays delivers exactly that. We are not just adopting AI, we are shaping how AI should operate in third-party cyber risk, accountable, explainable, and aligned with global regulatory expectations.”

Advancing the Future of AI-Driven Third-Party Cyber Risk Management

As supply chains grow more complex and AI becomes central to cybersecurity operations, the need for verified governance frameworks has never been greater. Panorays’ ISO 42001 certification positions the company at the forefront of this transformation by:

  • Delivering full-lifecycle TPCRM with AI transparency and oversight
  • Aligning with emerging regulations such as the EU AI Act
  • Enabling faster, more accurate vendor assessments backed by governed AI
  • Providing trusted threat intelligence instead of black-box automation
  • Streamlining questionnaire management by automating responses, improving collaboration between evaluators and mitigators, and enhancing overall operational efficiency.

With this achievement, Panorays strengthens its position as a preferred vendor for global enterprises and regulated industries requiring a secure, governed, and future-proof approach to AI in vendor-risk management.

To learn more about Panorays’ ISO 42001–certified AI capabilities and how our TPCRM platform can strengthen your vendor-risk program, visit www.panorays.com.

To see Panorays in action, or request a demo at: panorays.com/request-a-demo

About the company: Panorays is a global provider of third-party cybersecurity management software. Adopted by leading banking, insurance, financial services, and healthcare organizations, Panorays enables businesses to optimize their defenses for each unique third-party relationship. With personalized and adaptive third-party cyber risk management, Panorays helps businesses stay ahead of emerging threats and delivers actionable remediations with strategic advantages. The company serves enterprise and mid-market customers primarily in North America, the UK, and the EU, Headquartered in New York and Israel, with offices around the world, Panorays is funded by numerous international investors, including Aleph VC, Oak HC/FT, Greenfield Partners, BlueRed Partners (Singapore), StepStone Group, Moneta VC, Imperva Co-Founder Amichai Shulman and former CEO of Palo Alto Networks Lane Bess. Visit us at panorays.com.

Contact Info:
Name: Brooke VanHest
Email: Send Email
Organization: Panorays
Website: https://panorays.com/

Release ID: 89176825

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