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Financial Crime Specialist

  • Exam Number/Code : CFCS
  • Exam Name : Financial Crime Specialist
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
A bank holds a portfolio of residential mortgages. An increase in the volatility of mortgage interest rates leads to:
A. An increase in the value of the mortgage portfolio
B. An increase in the duration of the mortgage portfolio
C. A decrease in the value of the mortgage portfolio
D. Both duration and value of the mortgage portfolio stay unchanged
Answer: C
Explanation:
Explanation
A residential mortgage carries a prepayment option for the borrower, where in the event of a decrease in interest rates they are likely to repay the mortgage and refinance at the new lower rate. If rates go up, the bank does not have a similar option. If the volatility of the underlying interest rates increases, mortgage holders are more likely to be faced with new rates that are sufficiently lower to persuade them to refinance. This reduces the ability of the bank to continue to earn the higher interest rate it was earning before.
Therefore an increase in volatility of the mortgage interest rates decreases the value of the mortgage portfolio.
The same rationale applies to callable bonds, where the borrower has the option to call the bond.

NEW QUESTION: 2
회사는 DynamoDB 테이블을 생성해야 합니다. 회사의 소프트웨어 설계자는 DynamoDB 테이블에 다음 CLI 명령을 제공했습니다.

위 명령 중 보안 관점에서 다음 중 무엇을 취했습니까?
선택 해주세요:
A. 위 명령은 Customer 테이블에 대한 데이터 암호화 전송을 보장합니다.
B. 위의 명령은 Customer 테이블에 대해 유휴 데이터 암호화를 보장합니다.
C. ID가 해시되므로 기본 테이블의 보안을 보장합니다.
D. 올바른 처리량은 보안 관점에서 지정되었습니다.
Answer: B
Explanation:
설명
"-sse-specification Enabled = true"매개 변수를 사용하는 위의 명령은 DynamoDB 테이블의 데이터가 유휴 상태에서 암호화 되도록 합니다.
이 명령은 특별히 데이터를 유휴 상태로 유지하기 위해 사용되므로 옵션 A, C 및 D는 모두 유효하지 않습니다. DynamoDB 암호화에 대한 자세한 내용은 다음 URL을 방문하십시오.
https://docs.aws.amazon.com/amazondynamodb/latest/developerguide/encryption.tutorial.html
정답은 다음과 같습니다. 위의 명령은 고객 테이블에 대해 유휴 데이터 암호화를 보장합니다.

NEW QUESTION: 3
A company has three divisions, each with its own networks and services. The company decides to make its secure web portal accessible to all employees utilizing their existing usernames and passwords. The security administrator has elected to use SAML to support authentication. In this scenario, which of the following will occur when users try to authenticate to the portal? (Select two.)
A. The portal will function as an identity provider and issue an authentication assertion.
B. The portal will function as a service provider and request an authentication assertion.
C. The back-end networks will function as an identity provider and issue an authentication assertion.
D. The back-end networks will request authentication tickets from the portal, which will act as the third-party service provider authentication store.
E. The back-end networks will verify the assertion token issued by the portal functioning as the identity provider.
F. The portal will request an authentication ticket from each network that is transitively trusted.
Answer: A,F
Explanation:
Explanation
The Security Assertion Markup Language (SAML) provides a format for a client andserver to exchange authentication and authorization data securely. SAML defines threeroles for making this happen: principle, identity provider, and service provider. The clientor user is often the principle. The principle wants something from the service provider(SP), the latter often a Web service of some kind. The identity provider (IdP) containsinformation that can assure the SP that the principle is legitimately who he says heis. Systems using SAML can use any number of methods for authentication, includingpasswords and user names.