CFCS Cybercrime & Digital Forensics Flashcards
6 cards from real CFCS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CFCS Cybercrime & Digital Forensics flashcards as text
What role does a 'money mule' typically play in cyber-enabled financial crime?
Answer: Receiving and forwarding stolen funds to obscure the money trail
Money mules receive stolen funds in their accounts and transfer them onward, often unknowingly, serving as a critical layer of obfuscation in cyber-enabled laundering schemes.
Under US law, which reporting obligation requires financial institutions to report cyber incidents that affect critical operations within 36 hours?
Answer: Computer-Security Incident Notification Final Rule (OCC/Fed/FDIC)
The Computer-Security Incident Notification Final Rule requires US banking organizations to notify their primary federal regulator within 36 hours of a significant computer-security incident.
What is 'credential stuffing' and how does it enable financial crime?
Answer: Using automated tools to test stolen username/password pairs against financial institution login portals
Credential stuffing uses bots to automatically test large volumes of stolen login credentials against financial institution websites to gain unauthorized account access.
Which cryptocurrency characteristic makes it attractive for financial crime compared to traditional banking?
Answer: Pseudonymity and the ability to transact across borders without intermediaries
Cryptocurrency's pseudonymous nature and lack of mandatory intermediaries allow cross-border value transfer with reduced identity verification requirements, appealing to those seeking to avoid AML controls.
What is 'SIM swapping' and what financial crime does it typically facilitate?
Answer: Fraudulently transferring a victim's phone number to a criminal's SIM to intercept authentication codes and take over accounts
SIM swapping involves social engineering a mobile carrier to transfer a victim's phone number to a criminal-controlled SIM, enabling interception of SMS-based two-factor authentication codes.
In a cyber-financial crime investigation, what does 'IP geolocation analysis' help investigators determine?
Answer: The approximate geographic location associated with internet connections used in fraudulent transactions
IP geolocation analysis maps internet protocol addresses to approximate geographic regions, helping investigators identify suspicious login locations inconsistent with a customer's normal behavior.