100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CAFP UPDATED Actual Exam Questions and CORRECT Answers $7.99   Add to cart

Exam (elaborations)

CAFP UPDATED Actual Exam Questions and CORRECT Answers

 2 views  0 purchase
  • Course
  • CAFP
  • Institution
  • CAFP

CAFP UPDATED Actual Exam Questions and CORRECT Answers What are the 3 fraud risk factors? - CORRECT ANSWER- -Fraud Event Risk -Customer Experience -Regulatory Compliance What are the 3 fraud management levers? - CORRECT ANSWER- -Prevention -Detection -Response

Preview 2 out of 7  pages

  • September 16, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAFP
  • CAFP
avatar-seller
MGRADES
CAFP UPDATED Actual Exam Questions
and CORRECT Answers
What are the 3 fraud risk factors? - CORRECT ANSWER✔✔- -Fraud Event Risk
-Customer Experience
-Regulatory Compliance


What are the 3 fraud management levers? - CORRECT ANSWER✔✔- -Prevention
-Detection
-Response


What is the fastest growing crime in America? - CORRECT ANSWER✔✔- identity theft



What are the 2 main providers for wire transfers? - CORRECT ANSWER✔✔- Fedwire &
CHIPS


What is the limit for the FBI "Financial Fraud Kill Chain" process? - CORRECT
ANSWER✔✔- $50,00 or more for unauthorized wire transfers



What is a threat actor? - CORRECT ANSWER✔✔- cybercriminal



What 4 areas does FIN-2016-A005 address? - CORRECT ANSWER✔✔- -SARs for cyber
enabled crimes
-Including relevant IP addresses for SARs
-Collaborating with fraud, BSA, and AML units with in house cyber security units to identify
suspicious activity
-Sharing information among other FI's to guard against and report money laundering,
terrorism financing and cyber-enabled crime


What is TTPs - CORRECT ANSWER✔✔- Tactics, Techniques, and Procedures in cyber
security

, The US governments office of the Director of National Intelligence Cyber Threat Framework
created what? - CORRECT ANSWER✔✔- STIX (structured threat information eXpression)
that is used to data analyze and share cyber activity


What are the 6 types of threat actors? - CORRECT ANSWER✔✔- Hacktivist, Nation-states,
cyber-terrorists, organized crime, insiders, and cyber criminals,


What is a hacktivist? - CORRECT ANSWER✔✔- A cyber criminal with motivation for
political, retaliation, or ideological gain. They commonly target governments, individuals,
corporations, or ideology. They attack multiple computers to flood a network.


What is a Nation-State? - CORRECT ANSWER✔✔- A government or group of individuals
with motivation for political, retaliation, or ideological gain. They commonly target
governments, corporations, individuals, critical infrastructures, and ideology. They attack
human intelligence and spear fish emails.


What is DDOS? - CORRECT ANSWER✔✔- Distributed denial of service - an attack that
occurs when multiple systems attack a single system at the same time


What is cyberterrorist? - CORRECT ANSWER✔✔- A government or group of individuals
with motivation for political, retaliation, or ideological gain. They commonly target
governments, corporations, individuals, critical infrastructures, and ideology. They attack
multiple computers to flood a network with viruses and worms.


What is organized crime? - CORRECT ANSWER✔✔- A cyber criminal who will commit
fraud and launder ill gotten funds to create confusion and creating complex transaction trails,
set up shell corporations, and leverage jurisdictions with weak AML or cyber security laws.


What is a cyber criminal? - CORRECT ANSWER✔✔- A cyber criminal that is a
hacker/fraudster or a mercenary colluding with a nation state. Their motivation is financial,
reputation, and retaliation. They commonly target governments, corporations, individuals,
non profits, and education systems. They attack by phishing and spoofing and Business Email
Compromise.


Under 314 (b) FI's are encouraged to share information. What are some organizations that
provide venues for sharing cyber enables financial crimes? - CORRECT ANSWER✔✔- FS-

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81531 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart