Certified Implementation Specialist - Vendor Risk Management Exam Questions PDF download

What is the definition of `Risk Management'?

Policies/Standards/Procedures established to ensure an organization is aligned with corporate strategy and expectations are clearly defined
The process of conforming to standards, policies, and remediation of audit findings
The elimination of vulnerable surface area in an enterprise environment
Process to identify, assess, and respond to risks, threats and vulnerabilities that could compromise the business

Answer(s): D

https://www.techtarget.com/searchsecurity/definition/What-is-risk-management-and- why-is-it-important

Which of the following is the main benefit of using the Vendor Portal?

Answer(s): D

https://oboloo.com/blog/what-are-the-benefits-of-using-a-vendor-portal-in- procurement/

Baseline email notifications that help to automate the vendor risk management process are installed with which plugin?

Answer(s): D

Which statement best describes the role assignment of vendor contacts in Vendor Risk Management?

When vendor contacts are created, they are automatically assigned the snc_internal role and the snc_external role
When vendor contacts are created, they must be manually assigned the snc_external role
When vendor contacts are created, they are automatically assigned the snc_internal role
When vendor contacts are created, they are automatically assigned the snc_external role

Answer(s): D

What can a vendor contact do in the Vendor Portal? (Choose four.)

Update answers to returned questionnaires
Communicate or share information with other vendors of the assessing organization
Create new issues and tasks for the vendor risk assessor team
Review and respond to issues created by the assessing organization
Manage vendor contacts and task assignments within the vendor organization
Respond to assessments sent by the assessing organization

Answer(s): A,D,E,F

ServiceNow Certified Implementation Specialist - Vendor Risk Management CIS-VRM Dumps in PDF