Third Party Risk Management

How third party risk assessments can be performed?

• Remotely only

• Onsite only

• None of the above

• Onsite and Remotely

Which among the following is NOT a GRC tool?

• ServiceNow

• Workday

• Archer

• OneTrust

Which one of the following is NOT considered as our third party?

• Contractors

• Departments/Business Units

• Vendors

• Consultants

What are the Business Drivers for implementing TPRM?

• Increased reliance on third party

• Regulatory requirement

• Delivery pressure

• All of them

Third Party Risk Assessments can be excel based as well as tool based

• True

• False

Which is the major Standard mandating third-party compliance?

• ISO 31000

• GDPR

• ISO 27001

• ISO 22301

All are risk associated with Third Party EXCEPT _________ .

• Geographical Risk

• Business Risk

• Financial Risk

• Audit Risk

How many controls are there in ISO 27001?

• 114

• 140

• 141

• 104

What are the 5 phases of Third Party Risk Management (choose the correct order)?

• Planning, Termination, Due Diligence, Contracting, Monitoring

• Planning, Due Diligence, Contracting, Monitoring, Termination

• Monitoring, Planning, Due Diligence, Contracting, Termination

• Contracting, Planning, Due Diligence, Monitoring, Termination

Express your interest to work on third party risk assessment related project?

• Highly interested in TPRM

• Open to any capability

• Not identified my interest area

• Interested in other capability areas