Ransomware Is a Form of Social Engineering in Which One

question 41

True/False

Ransomware is a form of social engineering in which one individual lies to obtain confidential data about another individual.

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Definitions:

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.

Callable Bond

A type of bond that gives the issuer the right to pay off the bond before its maturity date.

Debenture

A type of debt instrument that is not secured by physical assets or collateral.

Interest Rate

The fee a lender imposes on a borrower for the utilization of assets, represented as a proportion of the principal amount.