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

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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. The integration between ServiceNow GRC and Third-Party Risk Management modules facilitates what aspect of risk management?
Response:

A) It enables a holistic view of organizational and third-party risks
B) It limits the amount of data that can be analyzed
C) It focuses solely on the aesthetic presentation of risk data
D) It ensures that all users get a daily motivational quote

2. What is the role of industry benchmarks in Third-party Security Scoring?
Response:

A) They simplify the security assessment process
B) They allow for comparative analysis across similar third parties
C) They eliminate the need for custom scoring models
D) They set a fixed standard for all vendors

3. Which fields are included on the Third-party Contact form?
(Select two)
Response:

A) Rank tier
B) Risk rating
C) Email
D) Primary Contact

4. How does ServiceNow enable continuous monitoring of third-party risks?
Response:

A) By sending weekly emails to third parties asking if anything has changed
B) By requiring manual checks on a daily basis
C) Using a physical bulletin board updated monthly
D) Through the integration of real-time data feeds and automated workflows

5. How does the use of standardized technical assessment frameworks benefit the Third-party Risk Management process?
Response:

A) It simplifies the negotiation process with third parties
B) It allows for more flexible contract terms with third parties
C) It ensures consistency and comparability in evaluating third-party risks
D) It reduces the need for continuous monitoring of third parties

Solutions: