Study guide 21

Question 0

Churning

Answer 0

The practice of convincing customers to use the cash of old insurance policies to pay premiums on new , more expensive policies

Question 1

Bank secrecy act

Answer 1

Federal law passed in 1970 to require reporting of large scale case transactions.

Question 2

Computer virus

Answer 2

A set of computer instructions that reproduces itself into computer programs when they are executed within Unauthirized programs

Question 3

Confidence game

Answer 3

The criminal practice of gaining the confidence of a would be victim for the soil porpoise of swindling money from them.
Art of getting something for nothing by stealing from a trusting person

Question 4

Cybercrime

Answer 4

The destruction, theft, or Unauthirized use , modification it copying of information , programs , services , equipment or communication networks

Question 5

Cyber extortion

Answer 5

When a computer criminal extorts money from a victim

Question 6

Data didling

Answer 6

False data entry

Question 7

Hacker

Answer 7

A computer programmer who explored tests and pushes the computer to its limits regardless of the consequences

Question 8

Masquerading

Answer 8

The process of one person assuming the identity of an authorized computer user by acquiring items , knowledge , or characteristics.
The most common activity of computer system intruders

Question 9

Pigeon drop

Answer 9

A commonly used confidence game

example - found wallet split proceeds both Parties put up case out of their pocket. Victim never gets there share

Question 10

Pyramid scheme

Answer 10

Commonly used confidence game
Example - you put in money recruit 2 others to put in money. U get ur money back. And they have two recruit two more people

Question 11

Scanning

Answer 11

The process of presenting sequentially changing info to an automated system to identity those items receiving a positive response.

Question 12

Smurfing

Answer 12

When money launders go to different banks and purchase cashiers checks I’m denominations less than 10,000$ for the purpose of bypassing reporting requirements

Question 13

Software

Answer 13

A medium in which information is stored

Question 14

Trojan horse

Answer 14

Is the secret placement or alteration of computer instructions so that the computer will tell a second computer how to perform illegal functions

An unauthorized computer program which automatically transfers money to an illegal account whenever a legal transaction is made