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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q366-Q371):

NEW QUESTION # 366
If encrypted data is exposed during a breach, what is the first step an organization should take?

A. Launch a full-scale public relations campaign to mitigate any backlash.
B. Seek legal advice to understand the implications of the breach.
C. Immediately notify all potential stakeholders about the data exposure.
D. Assess if the encryption was intact and effectively prevented data access.

Answer: D

Explanation:
When encrypted data is exposed, the initial step should be to assess whether the encryption was effective in preventing actual access to the data. This helps in understanding the extent of the breach and planning appropriate response actions.

NEW QUESTION # 367
Effective Fourth-Nth party risk management requires _________ on subcontractors' compliance and performance.

A. regular monitoring
B. one-time evaluation
C. initial vetting only
D. occasional assessments

Answer: B

Explanation:
Regular monitoring of subcontractors' compliance and performance is crucial for effective Fourth-Nth party risk management. It allows the organization to detect and address issues proactively before they escalate into serious security breaches or compliance failures.

NEW QUESTION # 368
In a scenario where a vendor critical to operations experiences a major disruption, what aspect of vendor classification becomes crucial for immediate reassessment?

A. The geographical location of the vendor in relation to the organization
B. The cost-effectiveness of the vendor's services
C. The duration of the remaining contract term with the vendor
D. The vendor's criticality and its potential impact on operations

Answer: D

Explanation:
In the given scenario, reassessing the criticality of a vendor that impacts operations is crucial to determine the necessary actions to mitigate any negative effects caused by the disruption, ensuring business continuity.

NEW QUESTION # 369
In disaster recovery, the initial step should always be to assess the _______.

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

Answer: A

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 # 370
Imagine a company needs a cost-effective solution for a temporary project. Why might they choose a SaaS product?

A. SaaS allows for flexible subscriptions which can be scaled down or terminated as needed.
B. It offers extensive customization options to tailor every aspect of the software.
C. Purchasing a SaaS product leads to lower upfront costs but higher operational expenses.
D. The company can claim ownership of the software after the project is completed.

Answer: A

Explanation:
For temporary projects, SaaS products are ideal due to their flexible subscription plans. Businesses can scale their usage up or down based on project demands and terminate the service without the commitments associated with permanent software installations, making it cost-effective and adaptable.

NEW QUESTION # 371
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Quiz Shared Assessments - CTPRP –Efficient Latest Cram Materials

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