FREE RSA Archer Third-Party Governance Questions and Answers
What is the primary purpose of RSA Archer Third-Party Governance?
Please select 3 correct answers
RSA Archer Third-Party Governance helps organizations manage third-party relationships, monitor risks, and ensure compliance with contracts and regulatory obligations.
Financial audits are a separate activity, not specifically part of third-party governance.
Which of the following can be tracked and managed in RSA Archer Third-Party Governance?
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RSA Archer Third-Party Governance tracks:
Profiles: Centralized repository of third-party information.
Risk Assessments: Evaluates and mitigates vendor-related risks.
Compliance and SLAs: Ensures third parties meet defined service and regulatory obligations.
Incident resolution for employees is part of Incident Management, not Third-Party Governance.
How does RSA Archer help organizations manage third-party risk?
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RSA Archer assists in managing third-party risks through:
Risk Assessments: Helps identify and evaluate potential risks posed by vendors.
SLA Tracking: Ensures vendors meet performance and compliance standards.
Threat Intelligence Integration: Enables real-time risk monitoring for active threats.
Contract renewals require manual oversight or external automation tools outside RSA Archer.
Which RSA Archer features support vendor risk assessments?
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Questionnaires: Used to collect information from vendors for risk evaluation.
Risk Scoring Models: Assign risk scores based on responses and assessment results.
Issue and Exception Management: Tracks and resolves risks or issues identified during assessments.
Automated incident reporting is part of Incident Management, not vendor assessments.
What is the benefit of using RSA Archer for third-party contract management?
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RSA Archer helps manage contract lifecycles:
Tracks terms, renewals, and obligations.
Monitors SLA compliance to ensure performance is on track.
Sends alerts or notifications for upcoming expirations to avoid missed deadlines.
It does not eliminate the need for contracts; instead, it optimizes their management.