Online Access Free CIS-TPRM Exam Questions

What configuration element is critical for ensuring the security of the Third-party Assessment Portal?
Response:

• A.Periodic audits of the portal's security features
• B.Allowing unrestricted access to all users
• C.Regular updates to the portal's visual design
• D.Implementing robust authentication and access controls

What is an essential factor in managing the Third-party Risk Assessment Lifecycle effectively?
Response:

• A.Avoiding any reassessment to maintain a stable risk profile.
• B.Ensuring there is a mechanism for integrating changes in third-party relationships.
• C.Limiting the scope of assessments to cyber security risks only.
• D.Focusing exclusively on initial due diligence at the start of the relationship.

What type of risk is primarily concerned with third-party vendors'' compliance with laws and regulations?
Response:

• A.Operational Risk
• B.Financial Risk
• C.Compliance Risk
• D.Strategic Risk

A well-designed __________ helps in achieving a consistent and effective approach to managing third-party risks across the organization.
Response:

• A.Approval and Workflow Process
• B.Issue Resolution Protocol
• C.Third-party Risk Process Workflow
• D.Task Allocation System

What is an essential component to include when configuring a third-party risk assessment in ServiceNow?
Response:

• A.An assessment tool that is only accessible to senior management
• B.A flexible framework that allows for different assessment criteria based on the type of third-party engagement
• C.Static risk thresholds applicable to all third parties
• D.A fixed set of questions for all assessments, regardless of the third party,s role