Which key areas should a financial services firm focus on to improve security in SAP Analytics Cloud?

To enhance security within SAP Analytics Cloud, a financial services firm should indeed focus on all the areas mentioned in the choices, which justifies selecting the comprehensive option.

Strengthening password policies and enabling two-factor authentication are fundamental security practices that help prevent unauthorized access to sensitive data. By enforcing strong password requirements and adding an additional layer of security through two-factor authentication, organizations can significantly reduce the likelihood of breaches caused by compromised credentials.

Implementing data encryption is crucial for protecting data at rest and in transit. It ensures that even if data is intercepted or accessed without authorization, it cannot be easily read or utilized by unintended parties. Role-based access controls further enhance security by ensuring that individuals only have access to the data and functionalities necessary for their specific roles, which minimizes the risk of misuse or data leakage.

Regular software updates and monitoring activities are essential in maintaining the integrity of the system. Software patches fix known vulnerabilities that could be exploited by attackers, while ongoing monitoring helps identify and respond to suspicious activities in real-time, thereby minimizing the potential impact of security incidents.

Given that each of these areas addresses different aspects of data security, focusing on all of them collectively creates a robust security framework. Therefore, selecting the option that encompasses all the aforementioned strategies is key to improving