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Risk Response and ReportinghardMultiple ChoiceObjective-mapped

CRISC Risk Response and Reporting Practice Question

A third-party vendor has been tiered as 'high risk' due to access to sensitive customer data. The vendor's SOC 2 Type II report has a qualified opinion on security controls. The vendor risk appetite requires unqualified SOC 2 Type II for critical vendors. What is the MOST appropriate risk response?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Require the vendor to remediate the issues and provide an updated report within a defined timeframe

If a vendor does not meet the minimum security requirements for its tier, and the organization cannot accept the risk, the appropriate response is to remediate by requiring the vendor to address the qualification or find an alternative vendor that meets the requirements.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Accept the qualified report and continue monitoring

    Why it's wrong here

    Acceptance may violate the risk appetite policy.

  • Implement additional compensating controls on the organization's side

    Why it's wrong here

    Compensating controls may be considered, but the first step is to enforce the risk appetite requirement.

  • Require the vendor to remediate the issues and provide an updated report within a defined timeframe

    Why this is correct

    This addresses the gap and aligns with risk appetite.

  • Downgrade the vendor to medium risk tier

    Why it's wrong here

    Downgrading artificially reduces risk level without addressing the actual risk.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CRISC practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CRISC exam.