Which of the following is used by regulatory agencies to uniformly assess financial institutions based on a rating scale of 1 to 5, with 1 representing the best rating and least degree of concern, and 5 representing the worst rating and highest degree of concern?

Question

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URSIT (Uniform Rating System for Information Technology) is used by regulatory agencies to assess financial institutions' technology and cybersecurity strength on a scale of 1 to 5, where 1 is the best rating indicating strong performance and 5 is the worst, indicating significant concerns.

Which of the Following Is Used by Regulatory Agencies to Uniformly