Upon completion of a third party assessment, a meeting should be scheduled with which of the following resources prior to sharing findings with the vendor/service provider to approve remediation plans:
Correct Answer: B
According to the Shared Assessments CTPRP Study Guide, the business unit relationship owner is the primary point of contact for the third party and is responsible for ensuring that the third party meets the contractual obligations and service level agreements. The business unit relationship owner is also involved in the third party risk assessment process and the remediation plan approval. Therefore, a meeting should be scheduled with the business unit relationship owner before sharing the findings and remediation plans with the third party, as they have the authority and accountability to approve or reject the plans. The other options are not necessarily involved in the remediation plan approval, although they may have other roles in the third party risk management lifecycle. References:
* Shared Assessments CTPRP Study Guide, page 9, section 1.3.2
* The Third-Party Vendor Risk Management Lifecycle, section on Supplier Onboarding & Risk Monitoring
* Remediation vs. Mitigation, section on Remediation