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Swift Exam CSP-Assessor Topic 3 Question 16 Discussion

Actual exam question for Swift's CSP-Assessor exam
Question #: 16
Topic #: 3
[All CSP-Assessor Questions]

Which of the following statements best describe valid implementations when implementing control 2.9 Transaction Business Controls? (Choose all that apply.)

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Suggested Answer: A, B, C, D

by Nicholle at Mar 21, 2025, 06:22 PM

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Beata
3 months ago
Wait, is the Swift user the same as the CISO? I'm getting a little confused here. Time for some coffee!
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Brett
1 months ago
Claudia: Definitely. It helps ensure that the right people are involved in the process.
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Benton
1 months ago
No, the Swift user is not the same as the CISO. Enjoy your coffee!
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Marya
1 months ago
C) Reliance on a recent business assessment or regulator response confirming the effectiveness of the control (as an example CPMI's_ requirement) is especially poignant to this control
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Claudia
1 months ago
User 2: Thanks for clarifying that. It's important to understand the different roles when implementing controls.
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Kenda
1 months ago
User 1: No, the Swift user is not the same as the CISO. They are different roles within the organization.
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Caprice
2 months ago
B) A customer designed implementation or a combination of different measures are deemed valid if they sufficiently mitigate the control risks
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Ria
2 months ago
A) Multiple measures must be implemented by the Swift user to validate the flows of transactions are in the bounds of the normal expected business
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Terina
3 months ago
Multiple measures, huh? Gotta cover all the bases. This is gonna take some serious planning.
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Luisa
3 months ago
Relying on a recent assessment or regulator response sounds like a solid strategy. I'll make sure to read up on that.
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Myrtie
2 months ago
User 2: Definitely, it adds an extra layer of assurance to the control implementation.
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Lili
2 months ago
User 1: I agree, it's important to have validation from a recent assessment or regulator response.
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Albert
3 months ago
Haha, the CISO's approval as the only requirement? That's a good one! I'll have to remember that for future exams.
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Julio
2 months ago
User 4: Reliance on recent business assessment is important for this control.
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Margo
2 months ago
User 3: A customer designed implementation can also work if it mitigates risks.
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Alyssa
2 months ago
User 2: I think multiple measures must be implemented to validate transactions.
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Cathern
2 months ago
User 1: I know, right? The CISO's approval seems too easy.
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William
2 months ago
Albert: Right, and also relying on recent business assessments or regulator responses.
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Karma
2 months ago
User 3: Like having multiple measures to validate transaction flows within expected bounds.
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Albert
2 months ago
User 2: No, there are other valid implementations mentioned in the options.
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Marilynn
3 months ago
User 1: Yeah, that's a funny one. But it's not the only requirement, right?
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Tammi
3 months ago
I feel like C could also be valid because it mentions relying on a recent business assessment, which can confirm the effectiveness of the control.
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Ty
3 months ago
Wow, this question really covers a lot of ground! I'll need to think carefully about all the options.
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Benton
3 months ago
I agree with you, Rueben. C and D don't seem to be the best options as they lack specific measures or requirements.
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Rueben
3 months ago
I think A and B are valid implementations because they mention measures to validate transactions and mitigating risks.
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