Residence Depot Confirms Data Breach via Third-Party Vendor: Lessons in Third-Party Risk Management

Introduction: On April 8, Residence Depot disclosed to SC Media that it had experienced a data breach through a third-party software-as-a-service (SaaS) vendor, underscoring the critical importance of robust third-party risk management practices in today’s cybersecurity landscape. This breach, while not involving sensitive data, serves as a stark reminder of the vulnerabilities posed by interconnected…