Page 79 - CAPE Financial Services Syllabus Macmillan_Neat

WORDS/TERMS DEFINITIONS/MEANINGS
Compliance
Contract The term compliance describes conformity with established rules and
Correlation practices.

Covariance This is a legally binding agreement between two or more parties, and
Credit Derivative enforceable by law.
Cyber Attack
Cyber Crime Reflects strengths of the association between two variables. The value
ranges from positive one (+1) to negative one (– 1). A correlation of 1
Cyber Security means that they move together exactly, while a correlation of minus 1
Cyber terror means that they move in exactly the opposite direction from each other.
Cyber war
Data Breach Measures the relationship between random variables. It represents the
Discount Loans degree to which returns on two risky assets move together.
Domicile
A security, which consists of privately, held negotiable bilateral contracts
that allow users to manage their exposure to credit risk. It derives its
intrinsic value from some other assets. For example, commodities.

An illegal attempt to undermine the security and confidentiality of a
computer network.

Crime in which a computer is the object of the crime (hacking, phishing,
spamming) or is used as a tool to commit an offense. It is conducted by
individuals working alone, or in organised groups, intent on extracting
money, data or causing disruption, cybercrime can take many forms,
including the acquisition of credit/debit card data and intellectual
property, and impairing the operations of a website or service.

Measures taken to protect a computer, systems, networks and data in
cyberspace against cyber-attacks.

An organisation, working independently of a nation state, conducting
terrorist activities through the medium of cyberspace.

A nation state conducting sabotage and espionage against another
nation in order to cause disruption or to extract data.

A data breach is an incident in which sensitive, protected or confidential
data has potentially been viewed, stolen or used by an individual
unauthorised to do so.

This is a loan that does not require the payment of interest or any of the
charges; rather a discount loan deducts the interest and or other charges
from the face amount of the loan when it is given out.

Country in which an individual considers his/ her place of residence.

CXC A38/U2/16 74