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What challenge might an organization face when integrating third-party technical systems with its own?
Response:
A. Achieving complete alignment of branding strategies
B. Ensuring seamless communication across different technical platforms
C. Managing the public relations impact of the integration
D. Aligning the third party,s financial goals with the organization,s
Answer: A
NEW QUESTION # 104
How does effective Third-party Security Scoring Configuration enhance an organization's risk posture?
Response:
A. By focusing solely on external threats
B. By automating all risk assessments without oversight
C. By integrating both internal and external risk intelligence
D. By providing qualitative assessments only
Answer: C
NEW QUESTION # 105
Which framework is commonly used for Third-Party Risk Management?
Response:
A. SWOT Analysis
B. PESTLE Analysis
C. COSO ERM Framework
D. The Five Forces Model
Answer: C
NEW QUESTION # 106
Effective management of the Third-party Risk Assessment Lifecycle requires:
(Choose two)
Response:
A. Regular updates to risk assessment criteria based on changing risk landscapes.
B. Dependence on third-party self-assessment without verification.
C. Isolation of the risk assessment team from other business units to prevent bias.
D. Engagement with third parties for feedback on the assessment process.
Answer: B,C
NEW QUESTION # 107
What configuration element is critical for ensuring the security of the Third-party Assessment Portal?
Response:
A. Allowing unrestricted access to all users
B. Regular updates to the portal's visual design
C. Periodic audits of the portal's security features
D. Implementing robust authentication and access controls
Answer: D
NEW QUESTION # 108
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