NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) — Panorays, a rapidly growing provider of automated third-party security management, today announced its partnership with Japanese insurance giant Sompo to provide the Panorays platform to businesses throughout Japan. Panorays will be cooperating with Sompo Risk Management and the Sompo cyber security business unit.
“We’re honored to be one of Sompo Risk Management’s first cybersecurity partners. There is enormous potential for third-party security in the Japanese market and our partnership with Sompo Risk Management signals a key milestone in our global reach, giving a huge range of organizations in Japan the ability to manage and automate their whole third-party risk evaluation process,” said Matan Or-El, CEO of Panorays.
Sompo is one of the largest insurance companies in Japan and serves 20 million customers. The digital division of the company recently launched the Israeli Digital Lab, run by Yinon Dolev, and operates alongside similar laboratories in Silicon Valley and Tokyo, working on building partnerships and identifying investment opportunities in innovative technology…
