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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What benefit does the ServiceNow GRC module offer in terms of regulatory change management?
Response:

A) It provides a platform for storing hard copies of regulatory documents
B) It decorates the user interface according to the new regulations
C) It helps in tracking and adapting to regulatory changes efficiently
D) It automatically changes the organization,s policies to comply with new regulations

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

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

3. In ServiceNow, what is the purpose of the "Control Objective" within the GRC module?
Response:

A) To control the objectives of the organization,s annual retreat
B) To limit user access to confidential documents
C) To specify the intended outcome of implementing a control
D) To define the aesthetic objectives for the user interface

4. What advantage does the integration of ServiceNow GRC with Vendor Risk Management offer when assessing third-party risks?
Response:

A) It delays the risk assessment process
B) It provides a streamlined process for assessing vendor risks within the broader context of organizational risk management
C) It segregates third-party risks from other organizational risks
D) It increases the complexity of risk assessments

5. Third-party Portfolio Configuration primarily aims to:
Response:

A) Organize and categorize third-party vendors based on services provided
B) Set communication protocols for risk management
C) Implement security measures for data protection
D) Determine the financial stability of third parties

Solutions: