BPA BPA Compliance, Auditing & Risk Management 2 — Questions and Answers
Question 1: In BPA risk management, which strategy involves transferring the financial impact of a risk to a third party?
- Risk avoidance
- Risk mitigation
- Risk transfer (Correct answer)
- Risk acceptance
Correct answer: Risk transfer
Risk transfer shifts the financial consequences of a risk to another party, typically through insurance or contractual agreements with vendors.
Question 2: A BPA audit finds that a bot has been accessing data beyond its required scope. This violates which security and compliance principle?
- Data redundancy
- Least privilege (Correct answer)
- Defense in depth
- Non-repudiation
Correct answer: Least privilege
The least privilege principle requires that bots and users only have access to the minimum data and systems necessary to perform their function.
Question 3: Which document defines the expectations for how quickly an automated process must be restored after a failure, from a compliance perspective?
- Business Impact Analysis (BIA)
- Recovery Time Objective (RTO) documented in the BCP/DRP (Correct answer)
- User Acceptance Testing plan
- Change Request form
Correct answer: Recovery Time Objective (RTO) documented in the BCP/DRP
The Recovery Time Objective (RTO), documented in a Business Continuity Plan or Disaster Recovery Plan, specifies the maximum tolerable downtime for a process.
Question 4: For a BPA process that handles payment card data, which compliance standard mandates specific controls?
- ISO 9001
- PCI-DSS (Correct answer)
- NIST 800-53
- COBIT
Correct answer: PCI-DSS
PCI-DSS (Payment Card Industry Data Security Standard) defines mandatory security controls for any system that stores, processes, or transmits cardholder data.
Question 5: What is the purpose of a compliance matrix in a BPA implementation project?
- To track bot execution performance
- To map each regulatory requirement to specific process controls, verifying coverage (Correct answer)
- To document user training completion
- To schedule system maintenance windows
Correct answer: To map each regulatory requirement to specific process controls, verifying coverage
A compliance matrix cross-references applicable regulations with implemented controls to demonstrate and verify that all requirements are addressed.
Question 6: During a BPA audit, the auditor requests evidence of 'control effectiveness.' What type of evidence best demonstrates this?
- A list of planned future improvements
- Logs, screenshots, and reports showing that controls functioned as intended over a defined period (Correct answer)
- Verbal confirmation from the process owner
- Vendor marketing materials
Correct answer: Logs, screenshots, and reports showing that controls functioned as intended over a defined period
Control effectiveness is proven through objective, time-stamped evidence such as system logs and reports that confirm controls operated correctly.
BPA BPA Compliance, Auditing & Risk Management 2
In BPA risk management, which strategy involves transferring the financial impact of a risk to a third party?