ServiceNow Exam CIS-VRM Topic 1 Question 23 Discussion

Actual exam question for ServiceNow's CIS-VRM exam

Question #: 23
Topic #: 1

[All CIS-VRM Questions]

Which of the following is an objective of Vendor Risk Management? (Choose two.)

ATo help vendors improve their security posture and preparedness

BTo assess and manage the risk from interactions with vendors and third parties

CTo help negotiate the best possible price for a product or service from the vendor

DTo verify that vendors have adequate measures and processes in place to ensure profitability of vendor

Show Suggested Answer

Suggested Answer: A, E

by Reita at Apr 24, 2024, 05:36 PM

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Cammy

Haha, D? Really? Profitability? Vendor Risk Management is about minimizing risks, not maximizing vendor profits!

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Pauline

3 days ago

A and B seem like the right objectives for Vendor Risk Management. Helps assess and manage vendor risks, not just get the best price.

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Chau

7 days ago

I believe another objective is to help vendors improve their security posture and preparedness. This can ultimately benefit both parties in the long run.

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Brandee

11 days ago

I agree with Deeanna. It's important to ensure that vendors have adequate measures in place to mitigate risks.

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Deeanna

14 days ago

I think the objective of Vendor Risk Management is to assess and manage the risk from interactions with vendors and third parties.

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