QuestionQ7

Third-party Due Diligence

Which functions are performed by the Third-party Risk Assessor?

Choose three
  • A Update third-party contract deadlines
  • B Create issues for the third party
  • C Enable communications across third parties
  • D Access completed assessments from third parties
  • E Create a Primary Contact record for a third party
Explanation

The Third-party Risk Assessor role can manage third parties, third-party contacts, external risk assessments, and issues. It inherits assessment-review permissions, which provide access to assessment and questionnaire data. These permissions support creating issues, accessing completed third-party assessments, and creating a primary contact record for a third party.

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