Study for the Certified Bank Secrecy Act Professional Test. Use flashcards and multiple-choice questions with hints and explanations. Get exam ready!

Multiple Choice

Which term describes fraud schemes using deceptive email tactics?

Deceptive email tactics used to commit fraud are described as email compromise. This term covers schemes where attackers impersonate a trusted person or organization in an email to trick the recipient into revealing credentials, sharing sensitive information, or authorizing a fraudulent transfer. A common flavor is business email compromise, where criminals pose as executives or vendors to persuade someone to wire funds to their account. The other terms don’t fit as closely: malware involves malicious software, which may be delivered via email but isn’t the tactic described; Bitcoin is a digital currency, and illicit financing is a broad criminal activity not specific to email-based deception.

Deceptive email tactics used to commit fraud are described as email compromise. This term covers schemes where attackers impersonate a trusted person or organization in an email to trick the recipient into revealing credentials, sharing sensitive information, or authorizing a fraudulent transfer. A common flavor is business email compromise, where criminals pose as executives or vendors to persuade someone to wire funds to their account. The other terms don’t fit as closely: malware involves malicious software, which may be delivered via email but isn’t the tactic described; Bitcoin is a digital currency, and illicit financing is a broad criminal activity not specific to email-based deception.