MCQ Chapter 8

Question 1

What is a CISO

Answer 1

Chief Information Securities Office

This individual reports to the CIO and is responsible for the overall direction of all security functions associated with applications, voice and data communications and computing services within the firm.

Question 2

Many firms do not allow any major changes to critical systems in the last __ weeks of their financial year.
Question 2Select one:

a. 4

b. 6

c. 2

d. 12

Answer 2

4

Question 3

What is a mission critical application

Answer 3

Essential dealing systems on both the sell and the buy side

Question 4

What is the main purpose of the Technology department when managing the business as usual activities of an investment firm?
Question 4Select one:

a. Operational risk management

b. Maximum efficiency

c. Internal governance

d. Accuracy

Question 5

What is a distributed system

Answer 5

A system which contains a number of hardware elements which are connected by some transmission technology.

Question 6

What is transmission technology

Answer 6

Sending and receiving digital or analog data between devices.