Digital Identity and Authentication Quiz

What does digital identity typically include?

• Physical addresses and postal codes

• Social security numbers and bank account details

• Email addresses and phone numbers

• Usernames, passwords, and biometric data

What is the purpose of authentication in secure transactions?

• To slow down the transaction process

• To publicize user data

• To increase transaction costs

• To verify the legitimacy of users and transactions

Which of the following is NOT a standard authentication method?

• Color-based

• Possession-based

• Biometric-based

• Knowledge-based

What major challenge do secure financial transactions face?

• Physical security breaches

• Over-regulation

• Cyber threats and human errors

• Lack of interest

How does automation enhance security in financial transactions?

• By increasing manual processes

• By sharing user data publicly

• By streamlining and strengthening authentication processes

• By reducing reliance on technology

What technology is used to detect patterns and anomalies in user behavior?

• Public voting systems

• Manual observation

• Artificial Intelligence and Machine Learning

• Typewriters

What does Multi-factor Authentication (MFA) combine?

• Multiple financial transactions

• Multiple user accounts

• Multiple authentication factors

• Multiple passwords

What is a benefit of automation in authentication processes?

• Decreased security

• Longer verification procedures

• Increased complexity

• Minimized human errors

Which bank implemented biometric authentication in its mobile app?

• Bank of America

• Wells Fargo

• HSBC

• Citibank

What type of biometric authentication did Citibank use?

• Iris scan

• Voice recognition

• Facial recognition

• Fingerprint recognition