ServiceNow Certified Implementation Specialist - Third-party Risk Management : CIS-TPRM

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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What critical factor should be considered when assigning tiers in Third-party Tiering Configuration?
Response:

A) The strategic importance to the business
B) The location of the third party
C) The financial stability of the third party
D) The duration of the contract

2. A robust Third-party Security Scoring Configuration should:
Response:

A) Rely solely on internal assessments
B) Focus only on cybersecurity aspects
C) Incorporate external risk intelligence and vulnerability data
D) Be updated bi-annually

3. What is a key benefit of integrating real-time data feeds into the Third-party Assessment Portal?
Response:

A) It simplifies the onboarding process for new third parties
B) It reduces the need for manual risk assessments
C) It allows third parties to manage their data independently
D) It enables continuous monitoring of third-party risks with up-to-date information

4. A well-designed __________ helps in achieving a consistent and effective approach to managing third-party risks across the organization.
Response:

A) Approval and Workflow Process
B) Issue Resolution Protocol
C) Task Allocation System
D) Third-party Risk Process Workflow

5. What is a significant advantage of using dashboards in the Third-party Risk Management process?
Response:

A) They enhance the organization,s ability to monitor and respond to third-party risks promptly.
B) They increase the workload of risk management teams.
C) They eliminate the need for regular risk assessments.
D) They serve as a platform for third-party communication.

Solutions: