CAIIB · ITDB

IT COMMUNICATION SECURITY

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Information Technology and Digital Banking (Elective) — CAIIB.

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One-liners from this chapter

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Q

What does the CIA triad stand for in information security?

A

CIA stands for Confidentiality, Integrity, and Availability — the three core principles that guide IT security policies in banking environments.

Q

What is the difference between a virus and a worm in the context of banking malware?

A

A worm self-replicates across networks without human action, unlike a virus.

Q

What is the purpose of a Public Key Infrastructure (PKI) in banking communication?

A

PKI provides a framework of digital certificates, certificate authorities, and registration authorities to enable secure, authenticated, and encrypted communication between parties in banking transactions.

Q

What is a honeypot in network security and how do banks use it?

A

A decoy system that lures attackers to detect and study intrusion attempts.

Q

What is the difference between symmetric and asymmetric encryption?

A

Symmetric encryption uses the same key for encryption and decryption, while asymmetric encryption uses a public-private key pair — asymmetric is used for secure key exchange and digital signatures in banking.

Q

What is the purpose of a digital watermark in banking document security?

A

It embeds invisible identifiers to prove ownership and detect document tampering.

Q

What is SSL/TLS and why is it critical for digital banking?

A

SSL (Secure Sockets Layer) and its successor TLS (Transport Layer Security) are cryptographic protocols that establish encrypted communication channels between clients and banking servers, protecting data in transit.

Q

What is the role of Transport Layer Security (TLS) 1.3 in modern banking communication?

A

It provides faster, stronger encryption for secure data transmission between client and server.

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