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Certified Third-Party Risk Professional (CTPRP)

Last Update Jul 21, 2024
Total Questions : 125 With Comprehensive Analysis

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Certified Third-Party Risk Professional (CTPRP) Questions and Answers

Questions 1

Which statement is NOT a method of securing web applications?



Ensure appropriate logging and review of access and events


Conduct periodic penetration tests


Adhere to web content accessibility guidelines


Include validation checks in SDLC for cross site scripting and SOL injections

Questions 2

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

Questions 3

Which type of contract provision is MOST important in managing Fourth-Nth party risk after contract signing and on-boarding due diligence is complete?



Subcontractor notice and approval


Indemnification and liability


Breach notification


Right to audit