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:
Ransomware
Distributed Denial of Service (DDoS)
Spear-phishing
Malware injection
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