Servicenow grc risk - Study guides, Class notes & Summaries

ServiceNow VRM Course Final Exam 2023 Solved Correctly What is VRM (Vendor Risk Management)? VRM Process of ensuring the use of services and suppliers doesn't create unacceptable levels of risk or negative impact for the business How does VRM link to the GRC module? It is the fourth application in the GRC suite. It can also be used as a standalone application What are the 6 capabilities of VRM? 1. Vendor Portfolio 2. Vendor Tiering 3. Assessment Management 4. Vendor Portal 5. Issue ...

IT Asset Management - ITAM - Management of IT Assets Hardware Asset Management - Management of IT Hardware Assets, as opposed to IT Software Assets IT Service Management - ITSM - Management of Configuration Items IT Asset - Hardware, software, and data that needs to be financially tracked Configuration Item - CI - may or may not be an asset; managed from an operational perspective CMDB - Primarily a data repository, used to store information describing configuration items Asset...

ServiceNow VRM Course Final Exam 2023 Solved Correctly What is VRM (Vendor Risk Management)? VRM Process of ensuring the use of services and suppliers doesn't create unacceptable levels of risk or negative impact for the business How does VRM link to the GRC module? It is the fourth application in the GRC suite. It can also be used as a standalone application What are the 6 capabilities of VRM? 1. Vendor Portfolio 2. Vendor Tiering 3. Assessment Management 4. Vendor Portal 5. Issue ...

ServiceNow VR Course Exam 175 Questions with Verified Answers What is Security Operations? - CORRECT ANSWER Collection of activities that help maintain the security posture. This consists of the monitoring, maintenance and management of processes, products and people that help to provide security posture for an organization. This includes applications, databases, data centers, websites etc. What are the 3 types of security? - CORRECT ANSWER 1. Preventative - measures to prevent an o...

Profile/Entity - Records that aggregate GRC information related to a specific item Authority Document - The regulations, certifications, frameworks, standards, and best practices that an organization chooses or are required to for compliance with regulations Citations - Records with the specific requirements cited by an Authority Document Policy - Defines an internal practice that a business process follows to ensure compliance and reduce Risk exposure Control Objective - Defines specifi...

ServiceNow VRM Course Final Exam 2023 Solved Correctly What is VRM (Vendor Risk Management)? VRM Process of ensuring the use of services and suppliers doesn't create unacceptable levels of risk or negative impact for the business How does VRM link to the GRC module? It is the fourth application in the GRC suite. It can also be used as a standalone application What are the 6 capabilities of VRM? 1. Vendor Portfolio 2. Vendor Tiering 3. Assessment Management 4. Vendor Portal 5. Issue ...