TEST CTPRP ANSWERS & EXAM CTPRP CERTIFICATION COST

Test CTPRP Answers & Exam CTPRP Certification Cost

Test CTPRP Answers & Exam CTPRP Certification Cost

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Tags: Test CTPRP Answers, Exam CTPRP Certification Cost, CTPRP Preparation, New CTPRP Test Papers, CTPRP Valid Exam Questions

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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q177-Q182):

NEW QUESTION # 177
Imagine a scenario where a company conducts a BIA following a significant disruption due to a natural disaster. The analysis focuses on identifying the effects on operations and customer service, and determining the financial consequences, including lost sales and increased expenses. What does this scenario primarily highlight about the BIA?

  • A. It illustrates the BIA's role in quantifying the financial and operational effects of disruptions without considering their probability
  • B. It addresses the strategic planning involved in avoiding future disruptions
  • C. It demonstrates the BIA's focus on recovery time objectives for critical processes
  • D. It focuses on the establishment of communication plans and emergency responses

Answer: A

Explanation:
This scenario exemplifies the BIA's objective to assess and quantify the operational and financial impacts of disruptions on the organization's processes. This assessment is crucial for understanding the severity of the impact and prioritizing recovery efforts.


NEW QUESTION # 178
A tech company plans to enhance its 'Private internal' security layer. What should be the priority in updating its security measures?

  • A. Extending the internal network monitoring capabilities
  • B. Implementing a more rigorous security training program
  • C. Upgrading encryption methods and access control systems
  • D. Introducing artificial intelligence in threat detection

Answer: C

Explanation:
Upgrading encryption methods and access control systems should be a priority when enhancing security measures at the 'Private internal' layer. These upgrades are crucial for maintaining robust security standards to protect sensitive data against evolving cyber threats.


NEW QUESTION # 179
Imagine a firm finds significant gaps in a vendor's data protection practices during their questionnaire analysis. What aspect of the analysis is critical for determining the next steps?

  • A. Assessing the vendor's potential to improve practices with additional training or resources
  • B. Evaluating the criticality of the service or product provided by the vendor and the associated risks
  • C. Analyzing the financial impact of the gaps on the firm's revenue and cost structure
  • D. Looking into alternative vendors who can meet the security requirements more effectively

Answer: B

Explanation:
In discovering significant gaps in a vendor's data protection practices, evaluating the criticality of the service or product they provide is crucial. This evaluation helps in determining the level of risk associated with the gaps and is fundamental in deciding the urgency and nature of the remediation efforts required.


NEW QUESTION # 180
A company experienced a security breach affecting customer dat
a. They are planning the incident notification. What is NOT typically included in the notification content?

  • A. Information about unaffected services
  • B. Detailed timeline of the security incident
  • C. Information about the financial impact on the company
  • D. Steps the company is taking to prevent future incidents

Answer: A

Explanation:
While it's essential to communicate the direct impact of the security breach, details about unaffected services typically aren't the focus of the initial notification content but are more relevant for further communications to reassure clients about the services that remain secure.


NEW QUESTION # 181
How does risk culture influence employee behavior regarding risk management?

  • A. It promotes independence in decision-making without needing to consult risk policies.
  • B. It shapes perceptions and actions related to balancing risk and reward.
  • C. It encourages risk avoidance and minimal interaction with risk-related decisions.
  • D. It reduces the frequency of risk assessments conducted by the organization.

Answer: B

Explanation:
Risk culture influences employee behavior by shaping how they perceive, communicate, and act on risk issues. It determines how risks and rewards are balanced in decision-making, ensuring that all actions are aligned with the organization's risk management framework and strategic objectives.


NEW QUESTION # 182
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