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Exam Code: CFE-Investigation
Exam Name: Certified Fraud Examiner - Investigation Exam
Vendor: ACFE

60 Questions & Answers
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NEW QUESTION: 1
The IT Security Analyst for a small organization is working on a customer's system and identifies a possible intrusion in a database that contains PII. Since PII is involved, the analyst wants to get the issue addressed as soon as possible. Which of the following is the FIRST step the analyst should take in mitigating the impact of the potential intrusion?
A. Refer the issue to management for handling according to the incident response process.
B. Disable the front-end web server and notify the customer by email to determine how the customer would like to proceed.
C. Shut down the production network interfaces on the server and change all of the DBMS account passwords.
D. Contact the local authorities so an investigation can be started as quickly as possible.
Answer: A
Explanation:
The database contains PII (personally identifiable information) so the natural response is to want to get the issue addressed as soon as possible. However, in this question we have an IT Security Analyst working on a customer's system. Therefore, this IT Security Analyst does not know what the customer's incident response process is. In this case, the IT Security Analyst should refer the issue to company management so they can handle the issue (with your help if required) according to their incident response procedures.
Incorrect Answers:
A: Contacting the local authorities so an investigation can be started as quickly as possible would not be the first step. Apart from the fact an investigation could take any amount of time; this action does nothing to actually stop the unauthorized access.
B: Shutting down the production network interfaces on the server and changing all of the DBMS account passwords may be a step in the company's incident response procedure. However, as the IT Security Analyst does not know what the customer's incident response process is, he should notify management so they can make that decision.
C: Disabling the front-end web server may or may not stop the unauthorized access to the database server. However, taking a company web server offline may have a damaging impact on the company so the IT Security Analyst should not make that decision without consulting the management. Using email to determine how the customer would like to proceed is not appropriate method of communication. For something this urgent, a face-to-face meeting or at least a phone call would be more appropriate.

NEW QUESTION: 2
Section C (4 Mark)
Read the senario and answer to the question.
Neeraj's portfolio consist shares of company X Ltd. which is paying a dividend of Rs. 2 per share. The dividend is expected to grow @15% annual rate for 3 years, then @10% for the next 3 years, after which it is expected to grow @5% forever. What among the following would be your advice to Neeraj in case the market value of the share is Rs. 85? Assume capitalization rate to be 9% per annum
A. Sell the shares as the market price is higher than the current value of the shares
B. Buy more shares as market price is lower than current value
C. Sell the share as the market price is lower than the current value of the share
D. Keep the share as the market price is higher than the current value of the share.
Answer: A

NEW QUESTION: 3
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Please choose the correct answer.
Response:
A. Choose System Configuration and modify the CONNECTORS configuration file to define the tenant suffix.
B. Choose System configuration and modify the CONNECTORS configuration file to define each connector file name.
C. Choose System Configuration and modify the LMS_ADMIN configuration file to define the tenant suffix.
D. Choose Connectors and test the FTP Connection for each connector.
Answer: A


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