Third-party Risk Cybersecurity
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Questions and Answers

What is one of the challenges associated with third-party involvement in cybersecurity?

  • Consistent security cultures and risk tolerances
  • Reduced information sharing
  • Difficulty in controlling cybersecurity measures (correct)
  • Enhanced visibility and transparency
  • Why is information sharing with third parties important in cybersecurity?

  • To limit access to sensitive information
  • To increase security cultures
  • To mitigate cybersecurity risks (correct)
  • To reduce network access
  • What is a common reason for enterprises to outsource functions?

  • To ensure consistent security standards
  • To increase costs
  • To limit visibility to outsourced functions
  • To focus on core competencies and cost-cutting (correct)
  • Why can outsourced/offshored functions end up costing more?

    <p>Significant re-work often required</p> Signup and view all the answers

    From an information security point of view, what risk can outsourced arrangements present?

    <p>Risk that may be difficult to quantify and mitigate</p> Signup and view all the answers

    Why might providers operating on different standards be difficult for enterprises to manage?

    <p>Difficulties in controlling the providers</p> Signup and view all the answers

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