KDsys, a company specializing in data protection and operational technology (OT) security solutions, announced on the 4th that it has signed an exclusive distribution agreement in South Korea with Panorays, a global supply chain security assessment platform provider.
Through this agreement, KDsys will distribute Panorays’ Third-Party Cyber Risk Management (TPRM) solution in South Korea, while also providing technical support and working on localization efforts.

The Panorays solution, specialized in cyber risk management, is offered in a SaaS model and provides automated, real-time analysis of third-party risks across the entire supply chain. It is used across a wide range of industries worldwide and is recognized for its intuitive interface and advanced risk analysis capabilities.

Through this partnership, KDsys aims to strengthen its strategic support to help domestic companies effectively respond to increasingly stringent supply chain security regulations and meet global security requirements such as DORA (Digital Operational Resilience Act). KDsys plans to actively promote the Panorays solution, with a particular focus on the financial, public, and manufacturing sectors.

KDsys is currently localizing Panorays' interface and documentation into Korean and plans to host seminars in the second half of the year targeting clients in the financial sector as well as other industries. The company is also recruiting partners and plans to hold an informational session soon to introduce collaboration programs and related initiatives.

Kim Seung-yong, CEO of KDsys, stated, “Panorays is a platform that has already proven its technological capabilities in the global market, and it will greatly help Korean companies manage third-party risks in a more systematic and efficient way.” He added, “Beyond simple distribution, KDsys aims to serve as a comprehensive partner by providing technical support and consulting services, ultimately enhancing our clients’ security competitiveness.”