ACCA Applied Knowledge · Business and Technology · Financial systems and technology
Which of the following best describes phishing?
Phishing is the sending of fraudulent messages that appear to come from a trusted source, in order to trick recipients into revealing sensitive information such as passwords or bank details. It is a social engineering technique, unlike ransomware or denial-of-service attacks.
- AFraudulent messages that appear to come from a trusted source to trick recipients into revealing sensitive informationCorrect
- BSoftware that encrypts an organisation's files and demands payment for their release
- COverloading a website with traffic so that legitimate users cannot access it
Explanation
Phishing relies on deceptive emails or messages that imitate trusted senders to obtain credentials or other data. Encrypting files for payment describes ransomware, and flooding a site with traffic describes a denial-of-service attack.
Did you get it right without looking?
One question tells you little. A timed set on Financial systems and technology shows your real accuracy, how long you take and where you lose marks.
More Financial systems and technology questions
- Which of the following best describes a benefit of a company outsourcing its payroll processing to a specialist provider?
- Which of the following is the best example of a preventive control against unauthorised access to a company's accounting database?
- An employee of Karo Co copies a customer database to a personal device and sells it to a competitor. Which statement best identifies the mai…
- Hamid Ltd discovers that ransomware has encrypted its servers and the attacker demands payment for the decryption key. The company has daily…
- Which statement best describes blockchain technology as used in distributed ledgers?
- Which of the following is a characteristic of an executive information system (EIS) as opposed to a management information system?