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350-201(NEW-127Q) · Question #91
350-201(NEW-127Q) Question #91: Real Exam Question with Answer & Explanation
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Incident Management and Response
Question
A financial institution's incident response team is revising their playbook to specifically address incidents of wire-transfer fraud, which have become increasingly sophisticated. The playbook outlines steps for detecting fraudulent transactions, tracing the source of the fraud, communicating with affected parties, and reporting the incident to regulatory authorities. Based on this revised playbook scenario, which specific tools should the incident response team acquire to effectively execute the steps?
Options
- Aintrusion detection systems to identify potential network breaches and VPNs for secure communication during the response
- Bencryption tools to secure financial data and client communication platforms for notifying affected parties
- Clegal management software for reporting to regulatory authorities and data visualization tools for analyzing transaction patterns
- Dtransaction monitoring systems to detect anomalies in wire transfers and forensic accounting tools to trace the source of fraud
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Topics
#Incident Response#Wire Transfer Fraud Detection#Transaction Monitoring#Forensic Accounting