Bocconi Specialized Masters Test Practice Questions - Online Bocconi Test For Specialized Master Programs (Master Universitari) Exam

Access More Questions

Passage: 'Recent surveys across EU commercial banks indicate that financial institutions allocating over 20% of their IT budget to cybersecurity experienced 40% fewer successful phishing incidents than banks allocating under 10%. However, overall losses from insider data breaches remained virtually unchanged across both groups.' Based on the passage above, which of the following statements must be true?

Cybersecurity budget allocation over 20% is specifically effective against external phishing but not necessarily insider breaches. Increasing cybersecurity budgets to 30% would completely eliminate all phishing incidents. Insider breaches cause greater total financial loss than external phishing attacks. Banks allocating under 10% of IT budget to cybersecurity suffer from higher employee turnover.

Correct Answer:

Cybersecurity budget allocation over 20% is specifically effective against external phishing but not necessarily insider breaches.

Access more questions from this quiz

Continue to Bocconi Specialized Masters Test Practice Questions - Online Bocconi Test for Specialized Master Programs (Master Universitari) Exam for more practice questions and the full quiz experience.

Access More Questions