Describe pretexting and phishing
What will be an ideal response?
Pretexting occurs when someone deceives by pretending to be someone else. A common scam involves a telephone caller who pretends to be from a credit card company and claims to be checking the validity of credit card numbers. Phishing is a similar technique for obtaining unauthorized data that uses pretexting via email. The phisher pretends to be a legitimate company and sends an email requesting confidential data, such as account numbers, Social Security numbers, account passwords, and so forth. Phishing compromises legitimate brands and trademarks.
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Skylark Corporation produces apparel for women. The firm experienced a boom in the introduction phase of its life cycle due to the high-quality talent of its middle and top-level executives
Which of the following would help Skylark retain its competitive advantage in the present economic downturn? A) Repeating the old strategies that enabled the company to rise. B) Changing its process-related advantages for new strategies. C) Opening its doors to a flood of new employees as labor is cheap. D) Keeping existing employees satisfied and recruiting top talent.
Which of the following is not a business transaction?
A) Erin deposits $15,000 in a bank account in the name of Erin's Lawn Service. B) Erin provided services to customers earning fees of $600. C) Erin purchased hedge trimmers for her lawn service agreeing to pay the supplier next month. D) Erin pays her monthly personal credit card bill.