VALID CTPRP STUDY PLAN - VCE CTPRP EXAM

Valid CTPRP Study Plan - Vce CTPRP Exam

Valid CTPRP Study Plan - Vce CTPRP Exam

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Tags: Valid CTPRP Study Plan, Vce CTPRP Exam, New CTPRP Test Questions, Reliable CTPRP Test Tips, CTPRP Questions Exam

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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q332-Q337):

NEW QUESTION # 332
What should be included in a service provider's security and privacy awareness training to handle internal threats effectively?

  • A. Implementing a more aggressive incident response strategy for detected security breaches.
  • B. Incorporating regular updates on cybersecurity trends and external threat vectors.
  • C. Training on secure handling of sensitive data and recognizing potential insider threats.
  • D. Introducing stringent access controls and rigorous identity verification processes.

Answer: C

Explanation:
Effective security and privacy awareness training for handling internal threats should include modules on secure handling of sensitive data and recognition of potential insider threats. This training ensures employees are vigilant and knowledgeable about the signs of internal risks and the protocols for reporting and mitigating such threats.


NEW QUESTION # 333
Which factor describes the concept of criticality of a service provider relationship when determining vendor classification?

  • A. Criticality is assigned to the subset of vendor relationships that pose the greatest impact due to their unavailability
  • B. Criticality is determined as all high risk vendors with access to personal information
  • C. Criticality is limited to only the set of vendors involved in providing disaster recovery services
  • D. Criticality is described as the set of vendors with remote access or network connectivity to company systems

Answer: A

Explanation:
Criticality is a measure of how essential a service provider is to the organization's core business functions and objectives. It reflects the potential consequences of a service disruption or failure on the organization's operations, reputation, compliance, and financial performance. Criticality is not the same as risk, which is the likelihood and severity of a negative event occurring. Criticality helps to prioritize the risk assessment and mitigation efforts for different service providers based on their relative importance to the organization.
Criticality is not limited to a specific type of service, such as disaster recovery or personal information, nor is it determined by the mode of access or connectivity. Criticality is assigned to the service providers that have the greatest impact on the organization's ability to deliver its products or services to its customers and stakeholders in a timely and satisfactory manner. References:
* Shared Assessments. (2020). Certified Third Party Risk Professional (CTPRP) Study Guide1
* Milliman. (2017). Defining "critical or important functions or activities" for outsourcing purposes2
* Webster, C. and Sundaram, D.S. (2009). Effect of service provider's communication style on customer satisfaction in professional services setting: the moderating role of criticality and service nature. Journal of Services Marketing, 23(2), 103-1131


NEW QUESTION # 334
Which statement is TRUE regarding the onboarding process far new hires?

  • A. it is not necessary to have employees, contractors, and third party users sign confidentiality or non-disclosure agreements
  • B. New employees and contractors should not be on-boarded until the results of applicant screening are approved
  • C. New employees and contactors can opt-out of having to attend security and privacy awareness training if they hold existing certifications
  • D. All job roles should require employees to sign non-compete agreements

Answer: B

Explanation:
The onboarding process for new hires is a key part of the third-party risk management program, as it ensures that the right people are hired and trained to perform their roles effectively and securely. One of the best practices for onboarding new hires is to conduct applicant screening, which may include background checks, reference checks, verification of credentials, and assessment of skills and competencies. Applicant screening helps to identify and mitigate potential risks such as fraud, theft, corruption, or data breaches that may arise from hiring unqualified, dishonest, or malicious individuals. Therefore, it is important to wait for the results of applicant screening before onboarding new employees and contractors, as this can prevent costly and damaging incidents in the future.
The other statements are false regarding the onboarding process for new hires. It is necessary to have employees, contractors, and third-party users sign confidentiality or non-disclosure agreements, as this protects the company's sensitive information and intellectual property from unauthorized disclosure or misuse.
Non-compete agreements may not be required for all job roles, as they may limit the employee's ability to work for other companies or in the same industry after leaving the current employer. They may also be subject to legal challenges depending on the jurisdiction and the scope of the agreement. Security and privacy awareness training is essential for all new employees and contractors, regardless of their existing certifications, as it educates them on the company's policies, procedures, and standards for protecting data and systems from cyber threats. It also helps to foster a culture of security and compliance within the organization. References:
* 5 Steps to Effective Third-Party Onboarding
* Using a third-party onboarding tool to address new challenges in third-party risk
* Onboarding and terminating third parties
* CTPRP Job Guide


NEW QUESTION # 335
Which of these is NOT typically included in an asset inventory?

  • A. Software applications used exclusively for data analysis
  • B. Company-owned vehicles used solely for employee transport
  • C. Office supplies like stationery and furniture
  • D. Employee personal devices not used for work purposes

Answer: D

Explanation:
The correct answer is based on the definition of asset inventories which typically do not include personal devices not used for work, as these are outside the scope of organizational asset management.


NEW QUESTION # 336
Which of the following methods of validating pre-employment screening attributes is appropriate due to limitations of international or state regulation?

  • A. Requesting evidence of the performance of pre-employment screening when permitted by law
  • B. Reviewing evidence of web search of social media sites
  • C. Requiring evidence of drug testing
  • D. Providing and sampling complete personnel files to demonstrate unique screening results

Answer: A

Explanation:
it is the most appropriate and compliant method of validating pre-employment screening attributes among the given options. Requesting evidence of the performance of pre-employment screening when permitted by law means that the organization respects the legal and regulatory boundaries of different jurisdictions and does not impose unnecessary or unlawful requirements on its third parties. It also ensures that the organization obtains relevant and reliable information about the third parties' screening processes and outcomes, which can help assess their suitability and risk level.
The other options are incorrect because they are either inappropriate or ineffective methods of validating pre-employment screening attributes. Reviewing evidence of web search of social media sites (A) is inappropriate because it may violate the privacy and data protection rights of the third parties and their employees, as well as expose the organization to potential bias and discrimination claims. Providing and sampling complete personnel files to demonstrate unique screening results (B) is ineffective because it may not reflect the actual screening attributes of the third parties, as they may have different screening criteria, standards, and methods than the organization. Requiring evidence of drug testing is inappropriate because it may not be relevant or necessary for the nature and scope of the third-party relationship, and it may also conflict with the laws and regulations of different jurisdictions that prohibit or limit such testing. References:
https://www.onetrust.com/blog/third-party-risk-management/


NEW QUESTION # 337
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