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

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

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

2. When configuring a Third-party Assessment Portal, which feature is essential for ensuring accountability and traceability?
Response:

A) The ability to post social media updates directly from the portal
B) Integration with personal email accounts for all users
C) A log of all actions taken by users, including submissions and changes
D) Unlimited storage space for third-party memes and GIFs

3. Continuous monitoring in TPRM should include:
Response:

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

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

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

5. What is the primary goal of Due Diligence Requests in the Assessment Configuration process?
Response:

A) To identify potential third-party partners for future projects.
B) To negotiate better contract terms with third parties.
C) To gather essential information to evaluate a third party,s risk posture.
D) To ensure the timely payment of invoices by third parties.

Solutions: