Double-sided spoofing Quiz

1. What is the primary tactic used by fraudsters to gain access to a business customer's bank account?

A. Phishing emails B. Social engineering C. Malware installation

2. Which type of token is a physical device that generates a unique authentication code?

A. Software/App-Based Tokens B. Hardware Security Tokens C. SMS or Email-Based One-Time Passcodes

3. What is a recommended practice for financial institutions before resetting a token?

A. Send an email confirmation B. Call the client using a pre-verified phone number C. Automatically reset the token if requested

4. How can businesses protect themselves from unauthorized transactions?

A. Implement Positive Pay services B. Use only SMS-based authentication C. Disable all token-based security measures

5. What is the purpose of using biometric tokens in financial transactions?

A. To replace passwords entirely B. To provide an extra layer of security C. To simplify the login process

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