CTPRP Exam UPDATED Exam Questions
and CORRECT Answers
third party - CORRECT ANSWER- entities or persons that work on behalf of the
organization but are not its employees, including consultants, contingent workers, clients,
business partners, service providers, subcontractors, vendors, suppliers, affiliates and any
other person or entity that accessess customer, company confidential/proprietary data and/or
systems that interact with that data
outsourcer - CORRECT ANSWER- the entity delegating a function to another entity, or is
considering doing so
outsourcer - CORRECT ANSWER- the entity evaluating the risk posed by obtaining services
from another entity
fourth party/subcontractor - CORRECT ANSWER- an entity independent of and directly
performing tasks for the assessee being evaluated
drivers for third party risk assessments - CORRECT ANSWER- ISO 27002, FFEIC
Appendix, OOC Bulletins, FFEIC CAT Tool, PCI Data Security Standard, NIST
Cybersecurity Framework, HIPAA/HiTech, EU GDPR
different names for third parties - CORRECT ANSWER- Business Associate, Service
Provider, Processor, Person who provides support for the internal operations of the Web site
or online service, Third-Party Service Provider
Office of the Comptroller of the Currency (OOC) lifecycle framework for third party risk -
CORRECT ANSWER- Planning, Due Diligence and Third Party Selection, Contract
Negotiation, Ongoing Monitoring, Termination
False - You must determine the third party's ability to satisfy those requirements. -
CORRECT ANSWER- T/F - You can rely on contract requirements to satisfy regulatory
requirements for third parties.
, True - e.g., HIPAA and OFAC - CORRECT ANSWER- T/F - It is possible to be subject to
regulations from different industry sectors
False - in many instances state requirements may be more stringent than federal - CORRECT
ANSWER- T/F - Federal regulations always supersede state regulations
Audits should ensure compliance with: - CORRECT ANSWER- Corporate, Legal,
Regulatory, Industry requirements
Risk Assessment and Treatment - CORRECT ANSWER- Describes the vendor's risk
assessment program, and its maturity and operating effectiveness.
True - CORRECT ANSWER- T/F - A risk assessment program should be approved by
management and communicated to all appropriate constituents
Different names for data - CORRECT ANSWER- Protected Health Information, Electronic
Health Records, Personally Identifiable Financial Information, Cardholder Data, Personal
Data, Personal Information, Consumer Financial Information
Personally Identifiable Information (PII) - CORRECT ANSWER- any information about an
individual maintained by an agency, including (1) any information that can be used to
distinguish or trace an individual's identity, such as name, or biometric records and (2) any
other information that is linked or linkable to an individual, such as medical, educational,
financial and employment information
Basic PII - CORRECT ANSWER- physical - last name, first name, phone #'s, street address
Sensitive PII - CORRECT ANSWER- PII used in conjunction with basic PII (i.e., SS card,
Driver's License, DOB)
Card Holder Data(CHD)/Payment Card Industry(PCI) data - CORRECT ANSWER- credit or
debit card info that includes the Primary Account Number (PAN), which is the payment card
number (credit or debit) that identifies the issuer and the particular cardholder account
