Security Considerations and Mitigation Measures in Banks
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Principles and Practices of Banking — JAIIB.
One-liners from this chapter
Free sample — 8 of 61 rapid-fire Q&A cards.
1 — Fraud Mode / What Happens?
Fraud Mode: Utility-programme abuse; What Happens: Special / utility programmes used to make unauthorised changes to records, bypassing normal controls.
2 — Fraud Mode / What Happens?
Fraud Mode: File migration attack; What Happens: Removing relevant files from the primary location, transporting them to another computer, manipulating, and returning them — bypasses passwords.
3 — Fraud Mode / What Happens?
Fraud Mode: Pre-entry instruction tampering; What Happens: Unauthorised amendment to payment instructions before they enter the computer system.
4 — Fraud Mode / What Happens?
Fraud Mode: Maintenance backdoor; What Happens: Unauthorised changes to programmes made during routine development or maintenance.
5 — Fraud Mode / What Happens?
Fraud Mode: Network interception; What Happens: In networked systems, frauds carried out by intercepting data during transmission (man-in-the-middle).
Accounting Controls?
Introduced in the application software — dual controls & authorisations, validation checks on data.
Administrative Controls?
Built on well-defined lines of responsibility, formal policies & procedures, segregation of duties.
Accounting audit trail?
A record of processes that update data and information.
PDF study notes
More chapters in Module C - Banking Technology
Master the full PPB syllabus
Every chapter of Principles and Practices of Banking — videos, tests, notes and one-liner decks in one place.