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New CTPRP Exam Objectives & CTPRP Exam Lab Questions

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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q362-Q367):

NEW QUESTION # 362
Scenario: During an audit, it was found that an organization's encryption protocols are outdated. As an asset control measure, what should be the organization's next step?

A. Conduct a complete overhaul of the IT infrastructure
B. Update and strengthen encryption protocols immediately
C. Train employees on the importance of encryption
D. Hire a third-party security firm to review protocols

Answer: B

Explanation:
The correct answer focuses on the necessity of updating encryption protocols as an immediate response to outdated security measures. This step ensures that data remains protected against evolving threats and vulnerabilities.

NEW QUESTION # 363
In disaster recovery, the initial step should always be to assess the _______.

A. number of affected customers
B. scale of financial loss
C. scope of data affected
D. extent of the disruption

Answer: D

Explanation:
Understanding the extent of the disruption is essential as the initial step in disaster recovery. This knowledge allows the organization to effectively allocate resources and prioritize recovery actions based on the most critical areas of impact.

NEW QUESTION # 364
Which statement is FALSE regarding background check requirements for vendors or service providers?

A. Background checks should be performed prior to employment and may be updated after employment based upon criteria in HR policies
B. Background check requirements should be applied to employees, contract workers and temporary workers
C. Background check requirements may differ based on level of authority, risk, or job role
D. Background check requirements are not applicable for vendors or service providers based outside the United States

Answer: D

Explanation:
Background check requirements are applicable for vendors or service providers based outside the United States, as well as those based within the country. According to the Shared Assessments Program, background checks are a key component of third-party risk management and should be conducted for all third parties that have access to sensitive data, systems, or facilities, regardless of their location1. The FCRA also applies to background checks performed by U.S. employers on foreign nationals who work outside the U.S. for a
U.S. employer or its affiliates2. Therefore, statement A is false and the correct answer is A. References:
* Shared Assessments Program: Third Party Risk Management Fundamentals
* Background Checks for Contractors or Vendors

NEW QUESTION # 365
What should be prioritized to strengthen an organization's risk culture effectively?

A. Emphasizing the reduction of external audits and compliance requirements.
B. Implementing values and practices that promote consistent risk-aware decision-making.
C. Increasing focus on technical solutions rather than cultural adjustments.
D. Concentrating on punitive measures for managing and responding to risks.

Answer: B

Explanation:
To strengthen an organization's risk reality effectively, it is essential to implement values and practices that promote consistent, risk-aware decision-making. This involves cultivating an environment where risk considerations are naturally integrated into daily decisions, ensuring that the organization's approach to risk management is proactive and deeply embedded in its culture.

NEW QUESTION # 366
Significant downtime in a vendor's service can cause ________ in the organization's core operations.

A. "improvements in efficiency due to forced innovation post-disruption"
B. "minimal disruptions with negligible operational impact"
C. "quick resolution and recovery without notable effects"
D. "significant operational delays, inefficiencies, or losses"

Answer: D

Explanation:
This response highlights that significant downtime in essential services provided by a vendor leads directly to operational delays, inefficiencies, or losses, emphasizing the critical nature of the service to the organization's functioning.

NEW QUESTION # 367
......

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