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ExamsCAS-003Questions#779
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CAS-003 · Question #779

CAS-003 Question #779: Real Exam Question with Answer & Explanation

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Question

The Chief information Officer (CIO) of a large bank, which uses multiple third-party organizations to deliver a service, is concerned about the handling and security of customer data by the parties. Which of the following should be implemented to BEST manage the risk?

Options

  • AEstablish a review committee that assesses the importance of suppliers and ranks them
  • BEstablish a team using members from first line risk, the business unit, and vendor
  • CEstablish an audit program that regularly reviews all suppliers regardless of the data they
  • DEstablish a governance program that rates suppliers based on their access to data, the type of

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