Free Shared Assessments CTPRP Exam Dumps June 2026

When reviewing application risk for application service providers, the most important factors are the functionality and type of data the application processes, the remote connectivity options, and the APl integration methods. These factors determine the level of exposure, sensitivity, and complexity of the application, and thus the potential impact and likelihood of a security breach or a compliance violation. The number of software releases is less important, as it does not directly affect the application's security or functionality. However, it may indicate the maturity and quality of the software development process, which is another aspect of application risk assessment.Reference:

Application Security Risk: Assessment and Modeling, ISACA Journal, Volume 2, 2016

The other statements are false, as they do not accurately describe the vendor classification or risk tiering process. The statement A is false, as vendor classification and risk tiers are not based on residual risk calculations, but on inherent risk calculations.Residual risk is the risk that remains after controls or mitigating factors are applied3.Residual risk is used to evaluate the effectiveness of the controls and the need for further action, but not to classify or tier vendors3. The statement B is false, as vendor classification and risk tiering should be used for all third party relationships, not only for critical ones.Vendor classification and risk tiering helps to identify and prioritize the critical vendors, but also to manage the low and medium risk vendors according to their respective risk profiles12. The statement C is false, as vendor classification and corresponding risk tiers do not utilize the same due diligence standards for controls evaluation based upon policy, but different ones. Due diligence standards are the criteria and methods used to assess the security posture and performance of vendors. Due diligence standards should vary according to the risk tier of the vendor, as higher risk vendors require more rigorous and frequent evaluation than lower risk vendors.

1: What is Vendor Tiering? Optimize Your Vendor Risk Management | UpGuard Blog

2: Vendor Tiering Best Practices: Categorizing Vendor Risks | UpGuard Blog

3: Third-Party Risk Management (TPRM): A Complete Guide - BlueVoyant

[4]: Supplemental Examination Procedures for Risk Management of Third-Party Relationships

[5]: Third Party Risk Management: Why It's Important And What Features To Look For - Expert Insights

An Information Security Incident Management Program is a set of policies, procedures, and tools that enable an organization to prevent, detect, respond to, and recover from information security incidents.An information security incident is any event that compromises the confidentiality, integrity, or availability of information assets, systems, or services12.A formal Information Security Incident Management Program typically includes the following components12:

The definition of internal escalation processes: This component defines the roles and responsibilities, communication channels, and reporting mechanisms for escalating and managing information security incidents within the organization. It also establishes the criteria and thresholds for determining the severity and impact of incidents, and the appropriate level of response and escalation.

The protocols for disclosure of information to external parties: This component defines the rules and guidelines for disclosing information about information security incidents to external stakeholders, such as customers, regulators, law enforcement, media, or other third parties. It also specifies the legal and contractual obligations, the timing and frequency, the format and content, and the approval and authorization processes for disclosure.

The mechanisms for notification to clients: This component defines the methods and procedures for notifying clients or customers who may be affected by information security incidents. It also specifies the objectives, scope, and content of notification, as well as the timing and frequency, the delivery channels, and the feedback and follow-up mechanisms.

The processes in support of disaster recovery: This component defines the steps and actions for restoring the normal operations of the organization after a major information security incident that causes significant disruption or damage to the information assets, systems, or services. It also specifies the roles and responsibilities, the resources and tools, the backup and recovery plans, and the testing and validation procedures for disaster recovery.

The statement that reflects a requirement that is NOT typically found in a formal Information Security Incident Management Program is D. The program includes processes in support of disaster recovery. While disaster recovery is an important aspect of information security, it is not a specific component of an Information Security Incident Management Program.Rather, it is a separate program that covers the broader scope of business continuity and resilience, and may involve other types of disasters besides information security incidents, such as natural disasters, power outages, or pandemics3. Therefore, the correct answer is D.The program includes processes in support of disaster recovery.Reference:1: Computer Security Incident Handling Guide2: Develop and Implement a Security Incident Management Program3: Business Continuity Management vs Disaster Recovery : What is the difference between disaster recovery and security incident response?