CTPRP Exam Cram Pdf | CTPRP Pass Leader Dumps

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Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q345-Q350):

NEW QUESTION # 345
How does criticality differ from risk in the assessment of service providers?

A. Risk evaluates the service provider's compliance with industry regulations
B. Risk assesses the potential for data breaches and security incidents
C. Risk focuses on the financial stability of the service provider
D. Criticality assesses the potential impact of a service disruption, not the likelihood of such an event

Answer: D

Explanation:
The key difference is that criticality is concerned with the impact of a service disruption, which pertains to the consequences on the organization's operations and not the probability or severity of an event occurring, which is the focus of risk assessment.

NEW QUESTION # 346
The statement on securing end-user devices often includes enabling __________ to protect data.

A. encryption
B. backup solutions
C. antivirus programs
D. firewall settings

Answer: A

Explanation:
Encryption is a crucial security measure that helps protect the confidentiality and integrity of data stored on devices, making it harder for unauthorized individuals to access or corrupt the data.

NEW QUESTION # 347
What does "impact on regulatory compliance" measure in the context of vendor management?

A. The extent to which a vendor's service disruption affects compliance with laws, regulations, standards, and obligations
B. The cost implications of vendor services on the business's financial statements
C. The vendor's alignment with the business's long-term strategic goals
D. The degree to which a vendor meets service level agreements stipulated in contracts

Answer: A

Explanation:
"Impact on regulatory compliance" specifically measures how a vendor's service disruptions can affect a business's ability to adhere to necessary laws, regulations, and obligations, emphasizing the potential legal and operational risks if these are not maintained.

NEW QUESTION # 348
An IT change management approval process includes all of the following components EXCEPT:

A. Defined roles between business and IT functions
B. Guidelines that restrict approval of changes to only authorized personnel
C. Documented audit trail for all emergency changes
D. Application version control standards for software release updates

Answer: D

Explanation:
Application version control standards for software release updates are not part of the IT change management approval process, but rather a technical aspect of the software development lifecycle. The IT change management approval process is a formal and structured way of evaluating, authorizing and scheduling changes to IT systems and infrastructure, based on predefined criteria and roles. The IT change management approval process typically includes the following components123:
* A change request form that captures the details, rationale, impact, risk and benefits of the proposed change
* A change approval board (CAB) or other authorized approvers who review and approve or reject the change request based on the business case, feasibility and alignment with the organization's objectives and policies
* A documented audit trail for all changes, especially emergency changes, that records the date, time, reason, approver and outcome of each change
* A defined roles and responsibilities matrix that clarifies the expectations and accountabilities of each
* stakeholder involved in the change management process, such as the change manager, change owner, change coordinator, change implementer and change requester
* A set of guidelines that restrict the approval of changes to only authorized personnel who have the appropriate knowledge, skills and authority to make decisions about the changes References:
* 1: Change Approval Process in ITIL Change Management
* 2: Guide to the IT Change Requests Approval Process
* 3: Overview of the change management approval process

NEW QUESTION # 349
Consider a scenario where a major cloud service provider used for online sales experiences significant downtime during a peak shopping season. What aspect of impact is most critical for the business to assess?

A. Delayed internal communications and productivity with minimal revenue impact
B. Substantial financial losses, reduced customer satisfaction, or competitive disadvantage
C. Slowed research and development projects with no immediate revenue implications
D. Minor delays in non-revenue generating activities with limited financial impact

Answer: B

Explanation:
This scenario underscores the necessity to assess the financial implications of downtime during critical business periods, especially considering the potential for significant financial losses, customer dissatisfaction, and loss of competitive edge due to service interruptions.

NEW QUESTION # 350
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CTPRP Exam Cram Pdf | CTPRP Pass Leader Dumps

Fantastic Shared Assessments CTPRP Exam Cram Pdf - ActualtestPDF Free Download

Shared Assessments Certified Third-Party Risk Professional (CTPRP) Sample Questions (Q345-Q350):

CTPRP Exam Cram Pdf - 100% 100% Pass-Rate Questions Pool

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