CTPRP Certified Third-Party Risk Professional Exam Free Dumps

dumps2025-09-30T10:46:47+08:00

CTPRP Certified Third-Party Risk Professional exam is easy to take now. There are 125 questions in real CTPRP exam, and you have 3 hours to answer all the questions. You will receive provisional results immediately after taking the exam pending review and approval by the exam proctors and Shared Assessments. We provide the latest Certified Third-Party Risk Professional CTPRP exam dumps, which can ensure you pass the test easily. Free Certified Third-Party Risk Professional CTPRP exam dumps are available below.

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1. 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?

The capability of the vendor to apply priority patching of high-risk systems

Established procedures for testing of patches, service packs, and hot fixes prior to installation

A documented process to gain approvals for use of open source applications

The existence of a formal process for evaluation and prioritization of known vulnerabilities

2. The primary disadvantage of Single Sign-On (SSO) access control is:

The impact of a compromise of the end-user credential that provides access to multiple systems is greater

A single password is easier to guess and be exploited

Users store multiple passwords in a single repository limiting the ability to change the password

Vendors must develop multiple methods to integrate system access adding cost and complexity

3. Which statement BEST describes the use of risk based decisioning in prioritizing gaps identified at a critical vendor when defining the corrective action plan?

The assessor determined that gaps should be analyzed, documented, reviewed for compensating controls, and submitted to the business owner to approve risk treatment plan

The assessor decided that the critical gaps should be discussed in the closing meeting so that the vendor can begin to implement corrective actions immediately

The assessor concluded that all gaps should be logged and treated as high severity findings since the assessment was performed on a critical vendor

The assessor determined that all gaps should be logged and communicated that if the gaps were corrected immediately they would not need to be included in the findings report

4. The set of shared values and beliefs that govern a company’s attitude toward risk is known as:

Risk tolerance

Risk treatment

Risk culture

Risk appetite

5. Which statement is TRUE regarding artifacts reviewed when assessing the Cardholder Data Environment (CDE) in payment card processing?

The Data Security Standards (DSS) framework should be used to scope the assessment

The Report on Compliance (ROC) provides the assessment results completed by a qualified security assessor that includes an onsite audit

The Self-Assessment Questionnaire (SAQ) provides independent testing of controls

A System and Organization Controls (SOC) report is sufficient if the report addresses the same location

6. The following statements reflect user obligations defined in end-user device policies EXCEPT:

A statement specifying the owner of data on the end-user device

A statement that defines the process to remove all organizational data, settings and accounts alt off boarding

A statement detailing user responsibility in ensuring the security of the end-user device

A statement that specifies the ability to synchronize mobile device data with enterprise systems

7. Which of the following BEST reflects components of an environmental controls testing program?

Scheduling testing of building access and intrusion systems

Remote monitoring of HVAC, Smoke, Fire, Water or Power

Auditing the CCTV backup process and card-key access process

Conducting periodic reviews of personnel access controls and building intrusion systems

8. At which level of reporting are changes in TPRM program metrics rare and exceptional?

Business unit

Executive management

Risk committee

Board of Directors

9. Which cloud deployment model is primarily focused on the application layer?

Infrastructure as a Service

Software as a Service

Function a3 a Service

Platform as a Service

10. The BEST way to manage Fourth-Nth Party risk is:

Include a provision in the vender contract requiring the vendor to provide notice and obtain written consent before outsourcing any service

Include a provision in the contract prohibiting the vendor from outsourcing any service which includes access to confidential data or systems

Incorporate notification and approval contract provisions for subcontracting that require evidence of due diligence as defined by a TPRM program

Require the vendor to maintain a cyber-insurance policy for any service that is outsourced which includes access to confidential data or systems

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11. Which statement does NOT reflect current practice in addressing fourth party risk or subcontracting risk?

Third party contracts and agreements should require prior notice and approval for subcontracting

Outsourcers should rely on requesting and reviewing external audit reports to address subcontracting risk

Outsourcers should inspect the vendor's TPRM program and require evidence of the assessments of subcontractors

Third party contracts should include capturing, maintaining, and tracking authorized subcontractors

12. Which statement is FALSE regarding the methods of measuring third party risk?

Risk can be measured both qualitatively and quantitatively

Risk can be quantified by calculating the severity of impact and likelihood of occurrence

Assessing risk impact requires an analysis of prior events, frequency of occurrence, and external trends to analyze and predict the potential of a particular event happening

Risk likelihood or probability is a critical element in quantifying inherent or residual risk

13. Which statement is FALSE regarding the risk factors an organization may include when defining TPRM compliance requirements?

Organizations include TPRM compliance requirements within vendor contracts, and periodically review and update mandatory contract provisions

Organizations rely on regulatory mandates to define and structure TPRM compliance requirements

Organizations incorporate the use of external standards and frameworks to align and map TPRM compliance requirements to industry practice

Organizations define TPRM policies based on the company’s risk appetite to shape requirements based on the services being outsourced

14. Which of the following data safeguarding techniques provides the STRONGEST assurance that data does not identify an individual?

Data masking

Data encryption

Data anonymization

Data compression

15. Which of the following actions is an early step when triggering an Information Security Incident Response Program?

Implementing processes for emergency change control approvals

Requiring periodic changes to the vendor's contract for breach notification

Assessing the vendor's Business Impact Analysis (BIA) for resuming operations

Initiating an investigation of the unauthorized disclosure of data

16. Which cloud deployment model is focused on the management of hardware equipment?

Function as a service

Platform as a service

Software as a service

Infrastructure as a service

17. Which example BEST represents the set of restrictive areas that require an additional authentication factor for access control?

A. Datacenters; telecom rooms; server rooms; exterior building entrance

B. Datacenters; telecom rooms; security operations centers; loading docks

C. Telecom rooms; parking garage; security operations centers; exterior building entrance

D. Exterior building entrance; datacenters; telecom rooms; printer rooms

18. Which of the following is NOT a key component of TPRM requirements in the software development life cycle (SDLC)?

Maintenance of artifacts that provide proof that SOLC gates are executed

Process for data destruction and disposal

Software security testing

Process for fixing security defects

19. Which of the following statements is TRUE regarding the accountabilities in a three lines of defense model?

The second line of defense is management within the business unit

The first line of defense is the risk or compliance team that provides an oversight or governance function

The third line of defense is an assurance function that has independence from the business unit

The third line of defense must be limited to an external assessment firm

20. Which statement is TRUE regarding the tools used in TPRM risk analyses?

Risk treatment plans define the due diligence standards for third party assessments

Risk ratings summarize the findings in vendor remediation plans

Vendor inventories provide an up-to-date record of high risk relationships across an organization

Risk registers are used for logging and tracking third party risks

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21. When measuring the operational performance of implementing a TPRM program, which example is MOST likely to provide meaningful metrics?

logging the number of exceptions to existing due diligence standards

Measuring the time spent by resources for task and corrective action plan completion

Calculating the average time to remediate identified corrective actions

Tracking the number of outstanding findings

22. If a system requires ALL of the following for accessing its data: (1) a password, (2) a security token, and (3) a user's fingerprint, the system employs:

Biometric authentication

Challenge/Response authentication

One-Time Password (OTP) authentication

Multi-factor authentication

23. Which statement provides the BEST example of the purpose of scoping in third party assessments?

Scoping is used to reduce the number of questions the vendor has to complete based on vendor “classification

Scoping is the process an outsourcer uses to configure a third party assessment based on the risk the vendor presents to the organization

Scoping is an assessment technique only used for high risk or critical vendors that require on-site assessments

Scoping is used primarily to limit the inclusion of supply chain vendors in third party assessments

24. Which statement is TRUE regarding defining vendor classification or risk tiering in a TPRM program?

Vendor classification and risk tiers are based upon residual risk calculations

Vendor classification and risk tiering should only be used for critical third party relationships

Vendor classification and corresponding risk tiers utilize the same due diligence standards for controls evaluation based upon policy

Vendor classification and risk tier is determined by calculating the inherent risk associated with outsourcing a specific product or service

25. Which of the following is LEAST likely to be included in an organization's mobile device policy?

Language on restricting the use of the mobile device to only business purposes

Language to require a mutual Non Disclosure Agreement (NDA)

Language detailing the user's responsibility to not bypass security settings or monitoring applications

Language detailing specific actions that an organization may take in the event of an information security incident

26. Which statement is TRUE regarding the use of questionnaires in third party risk assessments?

The total number of questions included in the questionnaire assigns the risk tier

Questionnaires are optional since reliance on contract terms is a sufficient control

Assessment questionnaires should be configured based on the risk rating and type of service being evaluated

All topic areas included in the questionnaire require validation during the assessment

27. Select the risk type that is defined as: “A third party may not be able to meet its obligations due to inadequate systems or processes”.

Reliability risk

Performance risk

Competency risk

Availability risk

28. Which of the following BEST describes the distinction between a regulation and a standard?

A regulation must be adhered to by all companies subject to its requirements, but companies “can voluntarily choose to follow standards.

There is no distinction, regulations and standards are the same and have equal impact

Standards are always a subset of a regulation

A standard must be adhered to by companies based on the industry they are in, while regulations are voluntary.

CTPRP Certified Third-Party Risk Professional Exam Free Dumps

CTPRP Certified Third-Party Risk Professional Exam Free Dumps

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