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 refers to illegal activities facilitated by electronic systems?

Illegal activities conducted using computers and networks are described as cyber crime. This term covers offenses where electronic systems enable the wrongdoing, such as hacking, fraud, phishing, ransomware, and online money laundering. A cyber event is an incident or breach, not inherently illegal; cyber-related information is data about cyber topics; and a FinCEN Advisory Reference is a regulatory reference document. So cyber crime best fits the concept of illegal activities facilitated by electronic systems.

Illegal activities conducted using computers and networks are described as cyber crime. This term covers offenses where electronic systems enable the wrongdoing, such as hacking, fraud, phishing, ransomware, and online money laundering. A cyber event is an incident or breach, not inherently illegal; cyber-related information is data about cyber topics; and a FinCEN Advisory Reference is a regulatory reference document. So cyber crime best fits the concept of illegal activities facilitated by electronic systems.