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FRM Part II · FRM Exam Part II · Case Study: Cyberthreats and Information Security Risks

Which development is most consistent with the view that the cyber threat landscape for financial institutions is evolving?

Ransomware-as-a-service lowers the skill barrier because developers rent ready-made tools to affiliates, so less sophisticated actors can launch damaging attacks. The other statements are absolute or false, since financial motives persist, threats come from many actors, and cloud use does not eliminate breaches.

  1. AAttackers have abandoned financially motivated activity in favour of purely ideological activity
  2. BRansomware-as-a-service lowers the skill barrier, letting less sophisticated actors launch damaging attacksCorrect
  3. CThreats now originate exclusively from nation-states
  4. DCloud adoption has removed the possibility of data breaches

Explanation

Ransomware-as-a-service lets developers rent tools to affiliates, widening the pool of capable attackers. The other statements are absolute or false: criminals remain profit-driven, threats come from many actor types, and cloud adoption does not eliminate breaches.

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