FIS Interview Questions, Process, and Tips

RSA stands for Rivest-Shamir-Adleman, a widely used encryption algorithm for secure communication.

• RSA is a public-key cryptosystem used for secure data transmission.

• It involves generating a public key and a private key for encryption and decryption.

• RSA encryption is based on the difficulty of factoring large prime numbers.

• It is commonly used in secure communication protocols like HTTPS.

• RSA can be used for digital signa

Basic principles of security management involve risk assessment, access control, incident response, and security awareness.

• Risk assessment: Identifying and evaluating potential risks to the organization's security.

• Access control: Implementing measures to control who has access to sensitive information or resources.

• Incident response: Developing plans and procedures to respond to security incidents effectively.

• Security a...read more

IndAS 115 is a new revenue recognition standard that impacts how revenue is recognized in financial statements.

• IndAS 115 replaces the existing revenue recognition standards and provides a comprehensive framework for recognizing revenue from contracts with customers.

• It focuses on identifying performance obligations in a contract, determining the transaction price, allocating the transaction price to the performance obli...read more