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You're reading from  ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide

Product typeBook
Published inSep 2023
PublisherPackt
ISBN-139781803236902
Edition1st Edition
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Author (1)
Shobhit Mehta
Shobhit Mehta
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Shobhit Mehta

Shobhit Mehta is the Security and Compliance Director at Headspace, an on-demand mental health company in San Francisco, CA. Previously, he worked in different facets of security and assurance with HSBC, Deutsche Bank, Credit Suisse, PayPal, and Fidelity Investments. He also works with ISACA to develop exam questions for CISA, CISM, and CGEIT, served as the technical reviewer for the CGEIT and CISA review manuals, and is a published author for the COBIT 5 journal. He completed his MS in cybersecurity at Northeastern University, Boston, and holds CRISC, CISM, CISA, CGEIT, CISSP, and CCSP certifications. In his spare time, he likes to explore the inclined trails of the Bay Area, complete ultramarathons, and blog on GRCMusings.
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The need for TPRM

Before we start learning about TPRM, I think we should talk a bit about why these third parties are required in the first place and what specific purpose they serve for the contracting organization.

Third-party outsourcing is a form of delegating services to another party, such as day-to-day operations, software services, storage, compute, networking, and more, so that the enterprise can focus on its most essential services while delegating the services that can be performed by another organization.

The relationship between the enterprise and the third party is defined in a legally binding contract. The contract includes the set of provisions that the enterprise and hence the outsourcing organization needs to adhere to, such as data storage, compliance with local laws and regulations, jurisdiction in case of disagreements, indemnification clauses, payment terms, service-level agreements (SLAs), and security and privacy requirements that the third party needs...

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ISACA Certified in Risk and Information Systems Control (CRISC®) Exam Guide
Published in: Sep 2023Publisher: PacktISBN-13: 9781803236902

Author (1)

author image
Shobhit Mehta

Shobhit Mehta is the Security and Compliance Director at Headspace, an on-demand mental health company in San Francisco, CA. Previously, he worked in different facets of security and assurance with HSBC, Deutsche Bank, Credit Suisse, PayPal, and Fidelity Investments. He also works with ISACA to develop exam questions for CISA, CISM, and CGEIT, served as the technical reviewer for the CGEIT and CISA review manuals, and is a published author for the COBIT 5 journal. He completed his MS in cybersecurity at Northeastern University, Boston, and holds CRISC, CISM, CISA, CGEIT, CISSP, and CCSP certifications. In his spare time, he likes to explore the inclined trails of the Bay Area, complete ultramarathons, and blog on GRCMusings.
Read more about Shobhit Mehta