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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q128-Q133):

NEW QUESTION # 128
If assessing a software development service provider, what specific area should the questionnaire focus on?

A. Detailed financial analysis and budgeting practices
B. The software development life cycle and code review
C. Network security and endpoint protection specifics
D. General IT security measures without focus on specific development practices

Answer: B

Explanation:
Focusing the questionnaire on areas like the software development life cycle and code review for software development service providers is important because these practices directly impact the quality and security of the software produced, thereby affecting the overall risk posture.

NEW QUESTION # 129
In an information security incident, what is crucial to specify in the notification sent to affected clients?

A. Details about the data accessed by unauthorized parties
B. Steps for clients to follow to protect their information
C. Objectives, scope, and content of notification
D. Information on how to protect personal data

Answer: C

Explanation:
The correct answer outlines what should be clearly stated in any notification to clients following an information security incident: the objectives for notifying, what the notification will cover, and the details to be included. This ensures transparency and clarity in communication.

NEW QUESTION # 130
When defining due diligence requirements for the set of vendors that host web applications which of the following is typically NOT part of evaluating the vendor's patch management controls?

A. The existence of a formal process for evaluation and prioritization of known vulnerabilities
B. The capability of the vendor to apply priority patching of high-risk systems
C. Established procedures for testing of patches, service packs, and hot fixes prior to installation
D. A documented process to gain approvals for use of open source applications

Answer: D

Explanation:
A documented process to gain approvals for use of open source applications is typically not part of evaluating the vendor's patch management controls, because it is not directly related to the patching process. Patch management controls are the policies, procedures, and tools that enable an organization to identify, acquire, install, and verify patches for software vulnerabilities. Patch management controls aim to reduce the risk of exploitation of known software flaws and ensure the functionality and compatibility of the patched systems. A documented process to gain approvals for use of open source applications is more relevant to the software development and procurement processes, as it involves assessing the legal, security, and operational implications of using open source software components in the vendor's products or services. Open source software may have different licensing terms, quality standards, and support levels than proprietary software, and may introduce additional vulnerabilities or dependencies that need to be managed. Therefore, a documented process to gain approvals for use of open source applications is a good practice for vendors, but it is not a patch management control per se. References:
* Guide to Enterprise Patch Management Planning
* Governance of Key Aspects of System Patch Management
* Certified Third Party Risk Professional (CTPRP) Study Guide

NEW QUESTION # 131
If a company identifies significant financial risk with a third-party vendor, what is an appropriate initial action?

A. Conduct a more detailed financial audit of the vendor to assess long-term viability.
B. Negotiate lower prices to reflect the increased risk before continuing transactions.
C. Encourage the vendor to restructure their debt to improve financial stability.
D. Immediately cease all business activities with the vendor to prevent potential losses.

Answer: A

Explanation:
Conducting a detailed financial audit helps in understanding the financial health and sustainability of a vendor, which is critical in assessing their long-term viability and reliability as a business partner. This action is a proactive approach to mitigating financial risks.

NEW QUESTION # 132
In incident response, performing forensic analysis helps to determine the _______ of the compromise.

A. "hackers' identities"
B. "response time"
C. "extent"
D. "legal consequences"

Answer: C

Explanation:
Determining the "extent" of the compromise is essential in forensic analysis as part of incident response. This step assesses how much of the system or data has been affected, which is vital for effective containment and subsequent recovery actions.

NEW QUESTION # 133
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2025 Shared Assessments Perfect Guaranteed CTPRP Passing

100% Pass Efficient Shared Assessments - CTPRP - Guaranteed Certified Third-Party Risk Professional (CTPRP) Passing

Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q128-Q133):

HOT Guaranteed CTPRP Passing 100% Pass | High Pass-Rate Certified Third-Party Risk Professional (CTPRP) Test Collection Pdf Pass for sure

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