Which of the following best describes spyware?

Prepare for the ACFE Certified Fraud Examiner (CFE) Financial Transactions and Fraud Schemes Test with our comprehensive quiz. Engage with flashcards, multiple choice questions, hints, and explanations. Ace your exam!

Spyware is accurately described as software that collects data about a user without their consent. This type of software operates primarily in stealth mode, meaning it often runs in the background without the user being aware of its presence or its activities. The primary purpose of spyware is to gather sensitive information, such as browsing habits, personal identification details, or financial information, to send back to the distributor of the spyware for purposes that can range from marketing to unlawful data exploitation.

In contrast, the other options provide definitions that do not align with the characteristics of spyware. The first choice refers to programs that manage data, which would typically include database management or organizational software, not something used for covert data collection. The second option describes adware, which is a type of software that specifically serves advertisements, often in a visible manner, which is different from the covert operations of spyware. Lastly, the fourth choice describes a replicating virus, which is a completely different category of malicious software that replicates itself to spread to other systems, rather than specifically focusing on data collection without user consent. This distinction highlights the unique function of spyware in the realm of cybersecurity threats.

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