
In June 2023, the MOVEit supply chain attack unveiled glaring vulnerabilities in the software-as-a-service (SaaS) ecosystem. This incident starkly emphasized that traditional third-party risk management (TPRM) methods, characterized by static questionnaires and outdated ISO 27001 and SOC reports (SOC 1, SOC 2, and SOC 3), are insufficient in the face of contemporary cyber threats, including intricate supply chain attacks and