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Widget Corp

question 15

Multiple Choice

Widget Corp. wants to shift its list of inventory to a cloud so that its different branches can access it easily. The company needs a cloud computing option that would provide high flexibility to add or drop resources. The cloud computing option should be cost-effective and should not expose mission-critical applications and data to the outside world. Which of the following cloud computing options would be most suitable for Widget Corp.?

Definitions:

Financial Services Modernization Act

Legislation enacted in 1999, also known as the Gramm-Leach-Bliley Act, which allowed integration among banks, securities companies, and insurance companies.

Customer Privacy

The protection of personal information shared by customers with businesses, ensuring that it is not misused or disclosed without consent.

Financial Institutions

Organizations such as banks and credit unions that provide financial services including deposits, loans, and investments.

EFT

Electronic Funds Transfer, a system of transferring money from one bank account directly to another without any paper money changing hands.