Question

In the organizational structure, the vendor management team is responsible for managing security concerns involving third parties and vendors. This team conducts an assessment on a vendor before data leaves the organization and is processed by a third party. The concept of separation of duties is often put in place to ensure that data is verified before it leaves the organization.

a. True
b. False

Answer 1

True

Step-by-step explanation:

The vendor management team are in charge of dealing with external party or vendors. The vendor management team is in charge of managing the vendor relationships. They perform a lot of duties to ensure the profitability of the partnership as long as their services are needed by the company. The vendor management team serves as the bridge between the company and the vendors.