Which security measure helps prevent unauthorized access to fintech systems?

Implementing Multi-Factor Authentication (MFA)

What is the key takeaway from cybersecurity best practices in fintech?

Security policies should be regularly updated

Which of the following is an example of a real-world cybersecurity policy in action?

Using AI to detect fraud transactions

What is an example of real-time threat monitoring in fintech?

AI-based fraud detection systems

What is the primary purpose of cybersecurity policies in fintech companies?

Ensure regulatory compliance & protect data

Why is employee cybersecurity training important in fintech?

To prevent human errors leading to cyberattacks

What is the role of continuous monitoring in fintech security?

Detect cyber threats in real time

How do fintech companies ensure fraud prevention in online transactions?

Verifying customer identity via OTP & biometrics

What should employees do if they receive a suspicious email?

Report it to the IT/security team

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DSB - Policies & Training

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Answers

1
Which security measure helps prevent unauthorized access to fintech systems?
Allowing public WiFi access
Using default passwords
Implementing Multi-Factor Authentication (MFA)
Disabling antivirus software
2
What is the key takeaway from cybersecurity best practices in fintech?
Security policies should be regularly updated
Cybersecurity is only the IT team’s responsibility
Customers don’t need security awareness
Cyber threats are not a major concern
3
Which of the following is an example of a real-world cybersecurity policy in action?
Increasing loan approval limits
Using AI to detect fraud transactions
Sending marketing emails to customers
Offering discounts on financial products
4
What is an example of real-time threat monitoring in fintech?
Manual log checking once a month
Letting customers report fraud cases
Yearly security review meetings
AI-based fraud detection systems
5
What is the primary purpose of cybersecurity policies in fintech companies?
Make customer onboarding easier
Ensure regulatory compliance & protect data
Increase transaction speed
Reduce server costs
6
Why is employee cybersecurity training important in fintech?
To eliminate the need for multi-factor authentication
To prevent human errors leading to cyberattacks
To speed up transactions
To help them memorize passwords
7
What is the role of continuous monitoring in fintech security?
Make customer onboarding faster
Reduce employee workload
Detect cyber threats in real time
Increase server response time
8
How do fintech companies ensure fraud prevention in online transactions?
Verifying customer identity via OTP & biometrics
Increasing withdrawal limits
Offering no-password login options
Encouraging cash transactions
9
What should employees do if they receive a suspicious email?
Ignore and delete it
Reply to verify the sender
Click on links to check if they work
Report it to the IT/security team
10
Which is the most common social engineering attack in fintech?
Man-in-the-middle attack
Phishing
DDoS attack
SQL injection

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