Security management company Panorays has two new tools to automate third-party supplier discovery and to locate digital assets around the world.

Panorays’ auto "nth-party" discovery tool enables companies to see all "third-party to nth-party" vendors rendering on their website. The tool gives companies in-depth insight into possible security issues within the supply chain that could be remedied before cybercriminals take advantage of any security holes.

Understanding the supply chain and discovering all the vendors a company is doing business with is the first step towards implementing a digital vendor risk management plan. Mitigating risk also enables companies to comply with new digital privacy regulations.

Asset geolocation is another new tool designed to enhance Panorays’ third-party security management solution. With this new tool, users can see the distribution of assets around the globe and sort by location, asset type and status. IP geolocations are shown on an interactive map. With different data privacy regulations worldwide, companies can adjust their digital assets to adhere to these regulations and ensure compliance, depending on their location.