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

1. In a scenario where a service provider's employee unknowingly shares sensitive data due to a phishing attack, what program component may need improvement?

A) Immediate restriction of access rights for employees under investigation for security lapses.
B) Enhanced training on recognizing and responding to social engineering attacks.
C) Strengthening the encryption protocols used for transmitting sensitive information.
D) Broadening the scope of IT security tools used within the provider's network.

2. In determining the security responsibilities for a new SaaS product used for financial data, what should be the initial focus of the assessment?

A) Evaluating the integration capabilities with existing systems
B) Analyzing the potential scalability of the service
C) Identifying the specific cloud service model used
D) Reviewing the third-party provider's customer service record

3. What is the primary responsibility of asset owners within an organization?

A) Managing asset-related communication across departments
B) Ensuring proper maintenance, updating, securing, and disposal of assets
C) Conducting performance evaluations of the organizational assets
D) Overseeing the training of personnel on asset use

4. A bank experiences a cyber attack that disrupts its online services for several hours. How soon must it notify its primary federal regulator?

A) Within 48 hours of receiving the first complaint from customers.
B) Within 72 hours of resolving the security issue.
C) As soon as possible, but no later than 36 hours after the incident.
D) Within one week of the incident being fully documented.

5. What should data privacy policies explicitly outline regarding personal data?

A) Specific software tools used for data processing.
B) The number of users that can access the data simultaneously.
C) Time frame in which data must be analyzed after collection.
D) The purpose, scope, and legal basis of data collection and processing.

Solutions: