I thought Security Management was important for protecting value, but it doesn't really fit the question about being fit for purpose. Quality Assurance seems to be the best fit.
I remember a practice question that mentioned Change Management, but I don't think that's the right answer here. Quality Assurance sounds more relevant.
Okay, I've got this. Encryption and digital signatures are definitely data-oriented security mechanisms. Identity and access management and single sign-on are more about user authentication, so I don't think those apply here.
Hmm, I'm not totally sure about this. The Waterfall model is supposed to be more rigid, but I can't remember if that applies to risk management specifically. I'll have to think this through.
I'm pretty sure 'develop risk acceptance policies' and 'implement enhanced due diligence for high-risk customers' are solid Basel standards. I'm confident about those.
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