Examples of Operational Risk Include

question 92

Multiple Choice

Examples of operational risk include

• A)the unexpected imposition of capital controls, inbound or outbound, and withholding taxes on dividend and interest payments.
• B)unexpected changes in environmental policies, sourcing/local content requirements, minimum wage law, and restriction on access to local credit facilities.
• C)restrictions imposed on the maximum ownership share by foreigners, mandatory transfer of ownership to local firms over a certain period of time (fade-out requirements), and the nationalization of local operations of MNCs.
• D)none of the above

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Definitions:

Exploit Kits

A software toolkit used to take advantage of security weaknesses found in apps or operating systems, usually to deploy malware.

Security Holes

Vulnerabilities or weaknesses in a computer system or software that can be exploited by hackers to gain unauthorized access or cause damage.

Browsers

Software applications used to access, retrieve, and view information on the World Wide Web.

Incremental Backup

Incremental Backup is a data backup strategy that involves copying only the data that has changed since the last backup, saving storage space and reducing backup time.