CompTIA CASP+ Practice Test

Why should financial systems have limited user access according to security policies?

1. To enhance user productivity.

2. To reduce the chances of fraud and errors.

3. To improve system performance.

4. To ensure compliance with industry standards.

The correct answer is: To reduce the chances of fraud and errors.

Limiting user access to financial systems is a critical component of security policies primarily to reduce the chances of fraud and errors. By restricting access to sensitive data and system functionalities, organizations can minimize the risk of unauthorized actions that could lead to financial loss or data breaches. With fewer individuals able to interact with critical financial information, there is a lower likelihood of accidental mistakes as well as intentional fraudulent activities. This approach is rooted in the principle of least privilege, where users are granted only the access necessary to fulfill their job responsibilities. This reduces the attack surface that potential fraudsters could exploit and also helps in maintaining an audit trail, where it’s easier to identify any anomalies or suspicious activities. While enhancing user productivity, improving system performance, and ensuring compliance with industry standards are important aspects of managing systems, they do not directly address the fundamental need to protect financial information from misuse and ensure integrity. Thus, the primary focus of limiting access in this context is to safeguard against fraud and errors, making it the most pertinent reason according to security policies.