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

2. To effectively manage and resolve issues, it''s essential to have a robust __________ system in place.
Response:

A) Task Management
B) Vendor Onboarding Process
C) Workflow Approval Process
D) Third-party Risk Issue Configuration

3. Third-party Risk Issues are considered inactive when they enter this state:
Response:

A) Closed
B) Review
C) Submitted to Third Party
D) Finalize with Third Party

4. What feature is most important in a Third-party Assessment Portal?
Response:

A) Offering entertainment and leisure content for third-party users
B) The ability to display advertisements from third parties
C) Providing a platform for submitting and tracking risk assessments
D) Limiting access to third-party portals exclusively to senior management

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

Solutions: