IBM S2000-023 Dumps (V8.02) for Your IBM Cloud for Financial Services v2 Specialty Exam Preparation: Read S2000-023 Free Dumps (Part 1, Q1-Q40)

1. A bank operates a "Hybrid Cloud" environment. They have workloads on IBM Cloud, AWS, and on-premises VMware. The challenge is maintaining a consistent compliance posture across all three.

Does the IBM Security and Compliance Center (SCC) support this hybrid scope?

2. A developer is designing the network connectivity for a new microservice that processes credit card transactions.

Review the proposed Terraform configuration for the security group:

resource "ibm_is_security_group_rule" "allow_all_inbound" {

group = ibm_is_security_group.db_sg.id

direction = "inbound"

remote = "0.0.0.0/0"

protocol = "tcp"

port_min = 5432

port_max = 5432

}

Which design principle for financial services workloads does this configuration violate?

3. In the context of the IBM Cloud for Financial Services, what is the primary objective of applying DevSecOps principles during the implementation phase?

4. A bank with Advanced Support opens a "Severity 1" case for a production outage at 2:00 AM on a Saturday.

What is the guaranteed initial response time objective for this specific scenario?

5. A "Corporate Banking" client requires a direct, high-speed, and secure connection between their on-premises ERP system (e.g., SAP) and the bank's cloud-based "Host-to-Host" file transfer service to process bulk payroll files.

Which connectivity solution is critical for this specific B2B market segment use case?

6. A development team is frustrated because their deployment pipeline keeps failing at the "Vulnerability Scan" stage.

Review the output:

Tool: "Code Risk Analyzer"

Target: "registry.us-south.ibm.com/finance/app: v2"

Status: "Blocked"

Reason: "CVE-2023-XYZ detected in base image (severity: High). Policy requires 0 High severity vulnerabilities."

How does this "Gating" mechanism support the principles of the IBM Cloud Framework for Financial Services?

7. An organization is undergoing an external audit. The auditor asks for proof that the encryption keys were rotated every 90 days for the past year.

Which capability of the "Assess" phase (specifically via SCC) enables the organization to answer this request without manual log diving?

8. When migrating a legacy database to the cloud, the architect must consider the "RTO" (Recovery Time Objective).

If the migration strategy involves a "Big Bang" cutover (shutdown on-prem, copy data, start cloud), how does the dataset size (Data Gravity) impact the RTO?

9. The "FFIEC" (Federal Financial Institutions Examination Council) guidelines emphasize "Business Continuity Planning" (BCP) and the ability to recover from catastrophic failures.

Which IBM Cloud architectural pattern specifically addresses the FFIEC's requirement for "Geographic Dispersion" to mitigate regional disasters?

10. What is the primary definition of the "IBM Cloud for Financial Services Validated" designation for a third-party application?

11. A financial institution is acquiring a smaller fintech startup that already has its own standalone IBM Cloud account.

What is the operational process and benefit of bringing this existing account into the bank's Enterprise hierarchy?

12. A "Retail Bank" is modernizing its "Core Banking" system. The goal is to expose legacy account data to new mobile apps without rewriting the COBOL mainframe application.

Which hybrid integration pattern is most relevant to this market segment's modernization need?

13. An application performance engineer is trying to diagnose why a banking app is running slow. They need to visualize CPU utilization and Memory usage trends for the past 24 hours.

Which tool provides this specific telemetry?

14. An organization is debating whether to rely solely on the Security and Compliance Center (SCC) for governance or to also implement Code Risk Analyzer (CRA).

What is the distinct value of adding CRA to the implementation process (Continuous Integration) that SCC alone does not provide?

15. A bank's risk committee is evaluating the Shared Responsibility Model for a proposed SaaS solution running on IBM Cloud.

Which risk component remains the sole responsibility of the Bank (Client) regardless of whether they use IaaS, PaaS, or SaaS?

16. Under GDPR, data transfers outside the European Economic Area (EEA) are restricted.

If a European bank uses the IBM Cloud "EU Supported" setting for their account, what specific assurance does this provide regarding the "Follow-the-Sun" support model?

17. A cloud architect is designing the account structure for a global bank. The requirement is to separate "Development" environments from "Production" environments completely to prevent accidental data leakage or deletion.

Which Enterprise Account feature best facilitates this "Blast Radius" reduction strategy?

18. A bank's SLA for a service requires 99.9% availability. This translates to approximately how much allowable downtime per month?

19. A bank is implementing the "Strangler Fig" pattern to modernize a monolithic mainframe core.

Which architectural component is essential to act as the traffic controller, routing specific requests (e.g., /api/payments) to the new cloud microservices while sending the rest to the legacy monolith?

20. A software company (Target Client: Provider) has built a specialized "Anti-Money Laundering" (AML) tool. They want to list it in the IBM Cloud Catalog for Financial Services.

What is the prerequisite condition for their product to be visible and purchasable by regulated "Consumer" clients in this specific catalog?

21. Review the following "Compliance Score" trend report for a specific Account Group:

Jan 1: 98%

Jan 2: 98%

Jan 3: 85% (Drop detected)

Jan 4: 86%

What specific insight does the SCC Dashboard provide to help the CISO investigate the drop on Jan 3?

22. Which industry standard serves as the primary foundational baseline for the technical security controls within the IBM Cloud Framework for Financial Services?

23. A large enterprise is adopting a "Hybrid" strategy. They want to extend their existing on-premises VMware Software-Defined Data Center (SDDC) to the cloud without refactoring applications or changing their operational toolset (using existing vRealize automation).

Which reference architecture offers the "lowest friction" path for this specific scenario?

24. In the context of the "Shared Responsibility Model" for the IBM Cloud for Financial Services, who is responsible for the "Validation" of a third-party ISV application?

25. In the context of IBM Cloud for Financial Services, what is the primary distinction between a Service Level Agreement (SLA) and a Service Level Objective (SLO)?

26. A developer runs cra-terraform-scan locally and it passes. However, the same code fails the compliance scan in the CI/CD pipeline.

What is the most likely reason for this discrepancy in a DevSecOps environment?

27. An architect is designing a solution and needs to ensure that the "Security and Compliance Center" (SCC) can actually monitor the resources being deployed.

What is a prerequisite for a resource to be effectively monitored by SCC against the Framework?

28. A network administrator is troubleshooting a connectivity issue where traffic to a specific virtual server is being blocked. They need to verify if the packets are reaching the network interface or being dropped by a security group rule.

Which tool is best suited for this specific network-level investigation?

29. A financial institution is evaluating the "Operational Responsibility" model for the Red Hat OpenShift on IBM Cloud (ROKS) reference architecture versus the Virtual Servers for VPC (VSI) architecture.

Which statement accurately differentiates the responsibility for "Patching the Control Plane" (e.g., Kubernetes Masters or Hypervisor Management) between these two options?

30. A financial institution needs to migrate a legacy application. The application requires a specific, older version of Linux and the operations team demands full root access to the operating system to install custom kernel modules.

Which FS Cloud reference architecture is the appropriate selection for this specific workload?

31. A financial institution is concerned about "Data Integrity Risk," specifically the threat of ransomware encrypting their backups or a rogue administrator maliciously deleting historical transaction logs.

Which specific storage feature serves as the primary mitigation strategy for this risk?

32. An Operations Lead is determining the support strategy for a new production workload. The requirement is to have a response time of less than 1 hour for Severity 1 (Critical) issues, 24 hours a day, 7 days a week.

What is the minimum support tier required to meet this specific SLA?

33. A "Disaster Recovery" (DR) plan lists two key metrics:

・ RTO (Recovery Time Objective): 4 Hours

・ RPO (Recovery Point Objective): 15 Minutes

How do these metrics relate to the Availability SLA of the primary production system?

34. A client with Premium Support is planning a major "Go-Live" event for a new core banking migration this weekend.

What specific proactive service can they request from their Technical Account Manager (TAM) to minimize risk during this critical window?

35. A security architect is designing a "Defense in Depth" monitoring strategy.

Match the specific monitoring tool to its primary function in the FS Cloud reference architecture. (Choose 3.)

36. HPCS offers a unique "Unified Key Management" benefit for hybrid cloud scenarios via the "Unified Key Orchestrator" (UKO).

What specific operational problem does the UKO feature solve for a financial institution using multiple cloud environments?

37. An ISV has built an application on IBM Cloud and wants to market it to financial institutions. They have completed the "Self-Assessment" for Financial Services Validation.

What is the next required step to finalize the validation and receive the designation?

38. Which scenarios represent valid use cases for the IBM Cloud Distributed Cloud (Satellite) offering in the financial sector? (Select all that apply.)

39. Review the support matrix below:

Feature: "Third-Party Software Support"

Description: "Assistance with configuring IBM-provided images of third-party software (e.g., Bitnami, Red Hat)."

Which support tier generally includes "Best Effort" assistance for this category of software?

40. The IBM Cloud for Financial Services offers validated reference architectures for different compute patterns.

Which distinct compute platform serves as the foundation for the primary, cloud-native reference architecture, offering the highest degree of managed automation and built-in compliance controls?