Practice Free S2000-023 Exam Online Questions
"Audit takes 4 weeks per quarter."
Collectively, these issues represent which overarching industry challenge?
- A . Vendor Lock-in: The bank is stuck with one vendor.
- B . Data Sovereignty: The data is in the wrong country.
- C . Operational Complexity and Fragmentation: The lack of standardization across hybrid environments leads to inefficiency, higher cost, and increased risk of error.
- D . Insufficient Compute Power: The servers are too slow.
In the context of "Shadow IT" and "Unauthorized Services," how does SCC assist a financial institution in maintaining a compliant service consumption model?
- A . It refunds the cost of any non-validated service.
- B . It blocks all internet access for employees.
- C . It can be configured to check if the services provisioned (e.g., a specific database type) are on the list of Financial Services Validated services; if a non-validated service is detected, it flags a compliance violation.
- D . It automatically uninstalls any software found on employee laptops.
To adhere to the principle of "Least Privilege" and eliminate the risk of long-lived credentials, a bank wants to configure their applications running on Red Hat OpenShift to access IBM Cloud Object Storage without storing an API Key in a Kubernetes Secret.
Which IAM design pattern achieves this?
- A . Root Keys: Hardcoding the account root password in the container image.
- B . Trusted Profiles: Configuring a Trusted Profile in IAM that establishes a trust relationship with the OpenShift cluster’s compute identity. The application pods exchange their Kubernetes Service Account token for a short-lived IBM Cloud IAM access token automatically.
- C . Service IDs: Generating a static Service ID API Key and rotating it manually every year.
- D . Public Access: Making the bucket public so no authentication is needed.
What is the "Ecosystem" value proposition regarding Data Interoperability for a bank?
- A . Interoperability is forbidden by regulators.
- B . Standardized Exchange: By utilizing a common platform (FS Cloud) and potentially common data standards (like ISO 20022 or BIAN supported by ecosystem partners), banks can integrate with third-party fintechs (e.g., for payments or fraud check) with less friction than building custom point-to-point integrations for every vendor.
- C . All data is public.
- D . Banks must use a proprietary IBM database format.
In the "Define-Implement-Assess" model, what is the role of "IBM Cloud Financial Services Validated" partners (ISVs)?
- A . They provide the hardware for the "Define" phase.
- B . They are pre-certified components that fit into the "Implement" phase; because they have already proven their adherence to the "Define" (Framework) standards, banks can safely use them to build (Implement) compliant solutions faster.
- C . They define new regulations for the banking industry.
- D . They act as the "Assessors," auditing the bank’s internal code.
An architect is designing an internet-facing banking portal. They need to mitigate the risk of Distributed Denial of Service (DDoS) attacks (Layer 3/4) and Web Application attacks (Layer 7) targeting the application origin.
Which IBM Cloud service acts as the "Edge" mitigation layer for these specific network risks?
- A . IBM Cloud Internet Services (CIS)
- B . IBM Cloud NTP Service
- C . IBM Cloud Direct Link
- D . IBM Cloud Transit Gateway
A security architect needs to map a specific technical control to a regulatory requirement.
Regulation: "NIST 800-53 Rev 5"
Control Family: "SC – System and Communications Protection"
Requirement: "SC-28: Protection of Information at Rest"
Which IBM Cloud service and feature combination provides the strongest Technical Assurance for this specific control?
- A . IBM Cloud Object Storage with default provider-managed encryption.
- B . IBM Cloud Hyper Protect Crypto Services (HPCS) with Keep Your Own Key (KYOK): This ensures data is encrypted at rest using a dedicated HSM (FIPS 140-2 Level 4) where the client has exclusive control of the root key, exceeding the baseline requirement by preventing provider access.
- C . IBM Cloud VPC with Security Groups.
- D . IBM Cloud Databases with TLS 1.2 enabled.
What is the primary architectural purpose of an IBM Cloud Enterprise Account structure for a large financial institution?
- A . To allow all employees in the company to have "Administrator" access to the root account.
- B . To put all resources (VMs, Databases) into a single flat account to simplify network routing.
- C . To create a hierarchical environment that enables centralized billing and subscription management while enforcing strict isolation between different business units (e.g., Retail vs. Investment Banking) through separate child accounts.
- D . To automatically deploy a Kubernetes cluster in every available region.
A bank’s SLA for a service requires 99.9% availability. This translates to approximately how much allowable downtime per month?
- A . 5 minutes. B. ~4 hours. C. ~1 second. D. ** 43 minutes: (30 days * 24 hours * 60 minutes) * 0.001 = 43.2 minutes.
A DevOps engineer is configuring a Tekton pipeline for a new financial application. They need to add a stage that scans the Infrastructure as Code (Terraform) for compliance violations against the FS Cloud profile before the resources are provisioned.
Which IBM Cloud tool is designed to be integrated into the pipeline for this specific purpose?
- A . IBM Cloud Transit Gateway
- B . IBM Cloud Activity Tracker
- C . IBM Cloud Log Analysis
- D . IBM Cloud Code Risk Analyzer (CRA)