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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q150-Q155):

NEW QUESTION # 150
A company's contract with a vendor includes clauses on data breach notification. What should be detailed in these clauses?

A. The specific security technologies that the vendor should use following a breach.
B. Procedures for notifying relevant parties, timelines, and information sharing.
C. Vendor's commitment to confidentiality and the timeline for deleting sensitive data.
D. Details about the compensation the vendor owes the organization after a breach.

Answer: B

Explanation:
Clauses related to data breach notification in contracts should detail the procedures for notifying relevant stakeholders, define the timelines for such notifications, and describe what information must be shared. This ensures a coordinated and timely response that complies with legal and contractual obligations.

NEW QUESTION # 151
What is the primary focus of a Business Impact Analysis (BIA) in terms of organizational disruptions?

A. Determines the effects and consequences of disruptions
B. Reviews the overall business continuity and disaster recovery plans
C. Evaluates the probability and causes of business disruptions
D. Analyzes the recovery time of critical business functions

Answer: A

Explanation:
The primary focus of a BIA is to determine how disruptions could affect business operations and the consequences of these disruptions, not the probability or causes of the disruptions.

NEW QUESTION # 152
An effective Asset Management program ensures proper ________ of sensitive data from physical media.

A. Upgrading
B. Disposal
C. Recycling
D. Maintenance

Answer: B

Explanation:
Disposal is emphasized in Asset Management to ensure sensitive data is completely removed or destroyed from physical media, preventing unauthorized access and maintaining data confidentiality and integrity.

NEW QUESTION # 153
What is the primary purpose of analyzing responses from a vendor questionnaire?

A. To compare the vendor's performance against industry benchmarks
B. To finalize the contract terms and conditions with the vendor
C. To identify any gaps, issues, or risks that may pose a threat to the organization or its customers
D. To assess the vendor's alignment with the organization's strategic objectives

Answer: C

Explanation:
The primary purpose of analyzing responses from a vendor questionnaire is to identify any potential gaps, issues, or risks that could threaten the organization or its customers. This analysis helps in understanding vulnerabilities and areas needing attention to ensure vendor alignment with the organization's safety and compliance standards.

NEW QUESTION # 154
Risk culture impacts how employees ________ risk in their day-to-day activities.

A. ignore and mitigate
B. analyze and report
C. perceive and act on
D. delay and escalate

Answer: C

Explanation:
Risk culture deeply impacts how employees perceive and act on risks, influencing their everyday decisions and activities. It sets the foundation for how risks are approached, discussed, and managed across the organization, ensuring that decisions are made with a proper understanding of risks and rewards.

NEW QUESTION # 155
......

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Ed Young Ed Young

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