CFCS CFCS Cybercrime & Digital Forensics 2

Question 1

Which federal law specifically criminalizes unauthorized access to computers and is frequently used to prosecute cybercrime in the US?

Accepted Answer

Computer Fraud and Abuse Act (CFAA)

Answer

Bank Secrecy Act

Answer

Electronic Communications Privacy Act

Answer

Identity Theft Enforcement and Restitution Act

Question 2

What is 'dark web' marketplace activity most commonly associated with in financial crime investigations?

Accepted Answer

Sale of stolen financial data, drugs, and money laundering services

Answer

Stock manipulation

Answer

Corporate espionage

Answer

Real estate fraud

Question 3

In digital forensics, what is a 'chain of custody' and why is it critical in financial crime cases?

Accepted Answer

A documented record ensuring digital evidence integrity and admissibility in court

Answer

A list of cryptocurrency wallet addresses

Answer

A regulatory reporting chain for cyber incidents

Answer

A network diagram of criminal actors

Question 4

Which financial crime technique involves criminals creating fraudulent online storefronts to collect payments for goods never delivered?

Accepted Answer

E-commerce fraud / ghost merchant scheme

Answer

Account takeover fraud

Answer

Card-not-present fraud

Answer

Triangulation fraud

Question 5

What does a financial institution's SIEM system primarily do in the context of cybercrime detection?

Accepted Answer

Collects and correlates security event data to detect anomalous activity in real time

Answer

Processes customer loan applications

Answer

Manages regulatory exam schedules

Answer

Handles SWIFT messaging encryption

Question 6

Which emerging financial crime method involves criminals using AI-generated audio or video to impersonate executives and authorize fraudulent transfers?

Accepted Answer

Deepfake fraud

Answer

Vishing

Answer

Spear phishing

Answer

Man-in-the-middle attack