The Process of Aggregating the Currencies That One Bank Owes

question 58

True/False

The process of aggregating the currencies that one bank owes another and then carrying out the transaction is called clearing.

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Definitions:

Trusted Network

A secure network that is trusted to operate within certain security parameters to protect the confidentiality, integrity, and availability of the data and devices within it.

Trojan Horse

A malicious program disguised as legitimate software that is used to hack into the victim's computer.

Logic Bomb

A piece of code intentionally inserted into a software system that will set off a malicious function when specified conditions are met.

Social Engineering

The psychological manipulation of people into performing actions or divulging confidential information, often used in cybersecurity contexts to breach security measures.