ServiceNow CIS-TPRM

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Refund is available if not pass

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:

1. Continuous monitoring in TPRM should include:
Response:

A) Exclusive reliance on annual audits
B) Periodic risk assessments only
C) Monitoring of the third party's financial stability, operational performance, and compliance with SLAs
D) Sole focus on the third-party's technological infrastructure

2. The Third-party Assessment Portal should ideally allow for:
Response:

A) Customization according to the third party's branding preferences
B) Integration with risk management tools for comprehensive analysis
C) Real-time chatting with third parties without logging assessments
D) Submission of assessments by the organization,s employees only

3. How does effective Third-party Security Scoring Configuration enhance an organization's risk posture?
Response:

A) By providing qualitative assessments only
B) By automating all risk assessments without oversight
C) By focusing solely on external threats
D) By integrating both internal and external risk intelligence

4. In the context of third-party risk assessment generation, what is the primary benefit of using automated triggers and schedules?
Response:

A) Ensuring assessments are consistently conducted at relevant intervals
B) Limiting the scope of assessments to high-risk third parties only
C) Reducing the need for risk management staff
D) Increasing the complexity of the risk management process

5. When performing third-party risk assessment calculations, why is it important to consider the third party''s adherence to relevant industry standards?
Response:

A) It provides a benchmark for evaluating the third party's compliance and risk profile
B) It eliminates the need for further due diligence
C) It is required by all regulatory bodies, regardless of industry
D) It simplifies the calculation process by using predefined criteria

Solutions: