IT Examiner School, Providence, RI

Risks Associated with EFT Activities

• Improper system controls/configurations  • Unauthorized physical access • Password/account compromise (Account takeover)  • Insufficient monitoring/anomaly detection • Improper transactions and misdirection of funds

EFT Processes

Wire Transfer  processes and risk • Wire Transfer controls • Fedline Advantage  controls

EFT examination  assessment process • EFT controls • InTREx Workprogram

ACH processes and  risk