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    PracticeACCAACCA BT — Business & Technology Practice Exam 2Question 09
    Medium2 marksMultiple Choice
    Syllabus C: Business functions, regulation and technologySyllabus CCyber-securityTechnology

    ACCA · Question 09 · Syllabus C: Business functions, regulation and technology

    [Section A] A fintech startup experiences a cyber-security incident. An employee receives an email appearing to be from the CEO, urgently requesting the transfer of funds to a new vendor. The employee complies, only to discover later that the email address was slightly misspelled and belonged to a malicious actor. What specific type of cyber-attack has occurred?

    Answer options:

    A.

    Ransomware

    B.

    Distributed Denial of Service (DDoS)

    C.

    Spear-phishing

    D.

    Malware injection

    How to approach this question

    Identify the mechanism of the attack: a deceptive email targeting a specific employee and impersonating a specific executive.

    Full Answer

    C.Spear-phishing✓ Correct
    Phishing is the fraudulent practice of sending emails purporting to be from reputable companies. When it is highly targeted at a specific individual or organization (like impersonating the CEO to trick a specific finance employee), it is known as spear-phishing (or 'whaling' if targeting a senior executive).

    Common mistakes

    Confusing phishing with ransomware. Ransomware locks systems; phishing tricks users into handing over data or money voluntarily.
    Question 08All questionsQuestion 10

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