CPD Assessment 24.1 Cybersecurity in the Financial Industry

What are economic indicators primarily used for in financial markets?

Which of these is a leading economic indicator?

Which indicator is often used to reflect the present economic situation?

How does one correctly interpret economic indicators?

Which factor significantly impacts South African financial markets?

1. Only domestic economic policies
2. Performance of other countries
3. Local cultural trends
4. Domestic sports events

What does the Consumer Price Index (CPI) measure?

What is a key characteristic of bundled insurance products like endowment policies?

How is the official unemployment rate in South Africa defined?

What does the Balance of Payments (BoP) record?

What are composite business cycle indicators used for?

What is a primary focus of retail trade sales data?

What does the Purchasing Managers’ Index (PMI) indicate?

Which of these is not included in other cyclical indicators closely watched in financial markets?

1. Manufacturing production and sales
2. Mining production and sales
3. Agricultural sector performance
4. Wholesale trade sales

What can cause immediate global financial market movements?

What challenges the predictive value of economic indicators?

1. Lack of data variety
2. Overreliance on historical data
3. Market participants’ short-term outlook
4. Consistent data accuracy

What forms the basis of neo-classical economists’ theory of market movements?

What is the ceteris paribus assumption used for in economic prediction?

How do retail sales data affect financial markets?

 What does the employment rate indicate in the US context?

1. Strength of the US economy
2. The number of people employed in agriculture
3. The effectiveness of government policies
4. The rate of technological advancement

What is the main purpose of the Balance of Payments (BoP)?

1. To measure the country’s debt levels
2. To record a country’s transactions with foreign countries
3. To evaluate the efficiency of government spending
4. To track the changes in national GDP

Which technology uses unique physical characteristics for enhanced security?

1. Advanced Encryption
2. Blockchain
3. Biometric Security Measures
4. Intrusion Detection Systems

What does SIEM stand for in the context of cybersecurity?

1. Security Information and Event Management
2. Strong Internet Encryption Measures
3. Secure Identity and Email Management
4. Systematic Incident Evaluation and Monitoring

What is a key consideration when implementing employee training programs for cybersecurity?

1. Making training programs as technical as possible.
2. Conducting training sessions only for the IT department.
3. Regularly assessing the effectiveness of the programs.
4. Keeping training content static and unchanged.

What does “Containment” mean in the incident response plan?

1. Completely erasing all data.
2. Limiting the spread of the incident.
3. Recovering lost data.
4. Reviewing and updating the plan.

What is the key to effective communication post-incident in cybersecurity?

1. Avoid communication to prevent panic.
2. Secure communication channels.
3. Inconsistent messaging.
4. Ignoring media relations.