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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q112-Q117):

NEW QUESTION # 112
What is the role of industry benchmarks in Third-party Security Scoring?
Response:

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

Answer: A

NEW QUESTION # 113
What is the primary role of Third-party Security Scoring in risk management?
Response:

A. Assigning arbitrary risk levels
B. Evaluating the financial impact of third parties
C. Quantifying the cybersecurity risk posed by third parties
D. Estimating the potential for business growth with third parties

Answer: C

NEW QUESTION # 114
__________ involves defining specific actions and responsibilities to address identified risks with third-party vendors.
Response:

A. Risk Assessment Methodology
B. Third-party Risk Process Workflow
C. Third-party Risk Task Configuration
D. Risk Mitigation Planning

Answer: A

NEW QUESTION # 115
The primary purpose of Third-party Contacts Configuration is to:
Response:

A. Facilitate effective communication and escalation paths for risk management
B. Monitor the performance metrics of third-party contacts
C. Ensure seamless payment processes to third parties
D. Catalog third-party contacts based on geographical location

Answer: C

NEW QUESTION # 116
Which module within ServiceNow GRC helps in assessing the risk level of third parties before engaging in a business relationship?
Response:

A. Project Management
B. Human Resources
C. Incident Response
D. Vendor Risk Management

Answer: C

NEW QUESTION # 117
......

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