CAF-3 · Chapter 15 · Question 14 of 15
A successful cyberattack on a financial institution leads to the theft of customer funds, resulting in a massive fine from the central bank and a severe loss of customer trust. These consequences represent:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Financial Loss, Regulatory Penalties, and Reputational Damage
Explanation
A successful cyberattack has multifaceted impacts, including direct financial loss (theft), regulatory penalties (fines for non-compliance), and reputational damage (loss of customer trust)
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