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Why might the implementation of CBDC expose the financial system to cybersecurity threats?a)CBDC relies on traditional encryption methods.b)CBDC is not connected to the internet.c)CBDC involves the collection of personal data.d)CBDC introduces digital transactions that could be targeted by cyberattacks.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Why might the implementation of CBDC expose the financial system to cybersecurity threats?a)CBDC relies on traditional encryption methods.b)CBDC is not connected to the internet.c)CBDC involves the collection of personal data.d)CBDC introduces digital transactions that could be targeted by cyberattacks.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why might the implementation of CBDC expose the financial system to cybersecurity threats?a)CBDC relies on traditional encryption methods.b)CBDC is not connected to the internet.c)CBDC involves the collection of personal data.d)CBDC introduces digital transactions that could be targeted by cyberattacks.Correct answer is option 'D'. Can you explain this answer?.

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