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CAMS Exam Simulator
  • Exam Code: CAMS
  • Exam Name: Certified Anti-Money Laundering Specialists
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  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
An attacker finds a web page for a target organization that supplies contact information for the company. Using available details to make the message seem authentic, the attacker drafts e-mail to an employee on the contact page that appears to come from an individual who might reasonably request confidential information, such as a network administrator.
The email asks the employee to log into a bogus page that requests the employee's user name and password or click on a link that will download spyware or other malicious programming.
Google's Gmail was hacked using this technique and attackers stole source code and sensitive data from Google servers. This is highly sophisticated attack using zero-day exploit vectors, social engineering and malware websites that focused on targeted individuals working for the company.
What is this deadly attack called?
A. Social networking attack
B. Trojan server attack
C. Spear phishing attack
D. Javelin attack
Answer: C

NEW QUESTION: 2
A security policy states that all applications on the network must have a password length of eight characters. There are three legacy applications on the network that cannot meet this policy. One system will be upgraded in six months, and two are not expected to be upgraded or removed from the network. Which of the following processes should be followed?
A. Inherit the risk for six months
B. Provide a business justification for a risk exception
C. Establish a risk matrix
D. Provide a business justification to avoid the risk
Answer: B
Explanation:
The Exception Request must include:
A description of the non-compliance.
The anticipated length of non-compliance (2-year maximum).
The proposed assessment of risk associated with non-compliance.
The proposed plan for managing the risk associated with non-compliance.
The proposed metrics for evaluating the success of risk management (if risk is significant).
The proposed review date to evaluate progress toward compliance.
An endorsement of the request by the appropriate Information Trustee (VP or Dean).
Incorrect Answers:
A: A risk matrix can be used to determine an overall risk ranking before determining how the risk will be dealt with.
B: Inheriting the risk for six months means that it has been decided the benefits of moving forward outweighs the risk.
C: Avoiding the risk is not recommended as the applications are still being used.
References:
http://www.rit.edu/security/sites/rit.edu.security/files/exception%20process.pdf Gregg, Michael, and Billy Haines, CASP CompTIA Advanced Security Practitioner Study Guide, John Wiley & Sons, Indianapolis, 2012, p. 218

NEW QUESTION: 3
A tax shelter specifically designed for small employers is:
A. a subsidized deferral plan
B. a SIMPLE
C. an IRA
D. a Shelter Island plan
Answer: B
Explanation:
a SIMPLE. IRAs are for any individuals, not just small employers. The other choices do not
exist.

NEW QUESTION: 4
Joe, a member of the accounting group on a Linux system, is unable to write a file called "taxes" in the accounting shared directory. The ownership and permissions on the directory and file are as follows:
accounting drwxrw-r-- user = ann, group = accounting
taxes -rw-r--r-- , user = ann, group = accounting
Which of the following commands would allow Joe to write to the file? (Choose two.)
A. chmod g+x accounting
B. chgrp taxes accounting
C. chmod 777 taxes
D. chgrp accounting taxes
E. chmod 774 accounting
F. chmod u+x accounting
Answer: A,F

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