JAIIB · PPB

Operational Aspects of Cyber Crimes

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Principles and Practices of Banking — JAIIB.

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One-liners from this chapter

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Q

What is phishing in the context of cyber crimes in banking?

A

Phishing is a fraudulent attempt to obtain sensitive information such as usernames, passwords, and card details by disguising as a trustworthy entity via email or fake websites.

Q

What is SQL injection and how does it threaten banking databases?

A

Malicious SQL code inserted to manipulate or steal database information.

Q

What is vishing and how does it target bank customers?

A

Vishing (voice phishing) involves fraudsters making phone calls impersonating bank officials to trick customers into revealing OTPs, PINs, or account credentials.

Q

What is cross-site scripting (XSS) attack in the context of banking portals?

A

Injecting malicious scripts into trusted websites to steal user session data.

Q

What is smishing in cyber crime terminology?

A

Smishing is SMS-based phishing where fraudulent text messages containing malicious links are sent to trick users into revealing banking credentials or installing malware.

Q

What is a brute force attack on banking login systems?

A

Systematically trying all password combinations until correct one is found.

Q

What is a Man-in-the-Middle (MitM) attack in banking cybersecurity?

A

A MitM attack occurs when a cybercriminal secretly intercepts and possibly alters communication between a bank and its customer, allowing theft of credentials or transaction manipulation.

Q

What is SIM swapping fraud in mobile banking cyber crime?

A

Criminal obtains duplicate SIM to intercept OTPs and drain bank accounts.

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