When conducting a third-party risk assessment of a new supplier, which of the following reports should be reviewed to confirm the operating effectiveness of the security, availability, confidentiality, and privacy trust principles?
A.
Service Organization Control (SOC) 1, Type 2
B.
Service Organization Control (SOC) 2, Type 2
C.
International Organization for Standardization (ISO) 27001
D.
International Organization for Standardization (ISO) 27002
Part II
While risk tolerance and risk response are related concepts in risk management, they are not the primary focus of SAMM. Risk tolerance refers to the level of risk that an organization is willing to accept or tolerate, while risk response involves developing strategies to address identified risks in alignment with the organization's risk tolerance and objectives. However, SAMM's focus is more on providing a structured approach to improving software security practices rather than specifically addressing risk tolerance or risk response. so the answer is C: Risk Treatment
The correct answer is B.
Explanation: When conducting a third-party risk assessment of a new supplier, the Service Organization Control (SOC) 2, Type 2 report should be reviewed to confirm the operating effectiveness of the security, availability, confidentiality, and privacy trust principles. SOC 2 reports are issued by independent auditors and provide detailed information about a service organization's controls relevant to security, availability, processing integrity, confidentiality, and privacy. A Type 2 report includes an auditor's opinion on the design and operating effectiveness of the controls.
B. The scope is different: SOC 1 reports focus on financial controls, while SOC 2 reports focus more broadly on availability, security, processing integrity, confidentiality and privacy
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