CAF-3 · Chapter 17 · Question 4 of 15
A bank deploys an AI-driven system that monitors millions of daily customer transactions in real time, instantly flagging and blocking any unusual purchasing patterns. This is a clear application of ICT mitigating:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Financial Risk
Explanation
Financial risks involve the potential loss of assets or revenue . ICT plays a pivotal role here by enabling real-time transaction monitoring and automated fraud detection . --------------------------------------------------------------------------------
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