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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

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

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

2. Which of the following is NOT a benefit of optimizing the Third-party Risk Process Workflow?
Response:

A) Reduced time in identifying and mitigating risks
B) Increased transparency in third-party risk management
C) Greater dependency on individual judgment in risk processes
D) Improved collaboration across departments

3. What is the primary objective of implementing technical controls during the Third-party Risk Management process?
Response:

A) To improve the third party,s operational efficiency
B) To enhance the third party,s customer satisfaction levels
C) To reduce the costs associated with third-party services
D) To ensure that the third party meets the organization,s security and compliance requirements

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

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

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

Solutions: