Questions
What is the primary goal of cybersecurity in finance?
- To protect financial data from unauthorized access
- To ensure the availability of financial services
- To maintain the integrity of financial transactions
- All of the above
Which of the following is NOT a common type of cyber attack in finance?
- Phishing
- Malware
- Ransomware
- Insider trading
What is the purpose of a firewall in a financial institution?
- To block unauthorized access to the network
- To detect and prevent malware attacks
- To encrypt financial data
- To back up financial data
Which of the following is NOT a best practice for securing financial data?
- Using strong passwords
- Regularly updating software and security patches
- Implementing multi-factor authentication
- Storing financial data on a personal computer
What is the role of encryption in cybersecurity in finance?
- To protect financial data from unauthorized access
- To ensure the integrity of financial transactions
- To prevent malware attacks
- All of the above
Which of the following is a common regulatory requirement for financial institutions in terms of cybersecurity?
- PCI DSS
- SOX
- GDPR
- All of the above
What is the purpose of a security information and event management (SIEM) system in a financial institution?
- To collect and analyze security logs and events
- To detect and respond to security incidents
- To generate security reports
- All of the above
Which of the following is NOT a common type of fraud in the financial industry?
- Identity theft
- Credit card fraud
- Check fraud
- Insider trading
What is the purpose of a disaster recovery plan in a financial institution?
- To ensure the continuity of financial services in the event of a disaster
- To protect financial data from unauthorized access
- To detect and respond to security incidents
- To generate security reports
Which of the following is NOT a best practice for cybersecurity awareness training in a financial institution?
- Regularly conducting training sessions for employees
- Providing employees with access to up-to-date security resources
- Encouraging employees to report suspicious activities
- Allowing employees to use personal devices for work-related tasks
What is the purpose of a cybersecurity incident response plan in a financial institution?
- To define the roles and responsibilities of personnel in the event of a cybersecurity incident
- To establish procedures for detecting and responding to cybersecurity incidents
- To provide guidance on how to communicate with stakeholders during a cybersecurity incident
- All of the above
Which of the following is NOT a common type of malware used in cyber attacks against financial institutions?
- Ransomware
- Phishing
- Malware
- Insider trading
What is the purpose of a penetration test in cybersecurity in finance?
- To identify vulnerabilities in a financial institution's network and systems
- To evaluate the effectiveness of a financial institution's cybersecurity controls
- To provide recommendations for improving a financial institution's cybersecurity posture
- All of the above
Which of the following is NOT a best practice for securing financial transactions?
- Using strong encryption algorithms
- Implementing multi-factor authentication
- Storing financial data on a personal computer
- Regularly updating software and security patches
What is the purpose of a cybersecurity risk assessment in a financial institution?
- To identify and assess cybersecurity risks faced by the financial institution
- To evaluate the effectiveness of the financial institution's cybersecurity controls
- To provide recommendations for improving the financial institution's cybersecurity posture
- All of the above