The Risk Assistant tool was built to assist financial institutions with the complex and ongoing task of completing risk assessments for each of their online banking products. This tool is designed to assist with the latest FFIEC guidance –Supplement to Authentication in an Internet Banking Environment.
Products covered by the risk assistant:
Personal online banking
Business online banking with ACH/Wire
Business mobile banking
Business deposit capture
Consumer deposit capture
Mobile deposit capture
Branch deposit capture
Online bill pay
Business online bill pay
Person-to-person payments (p2p payments)
Plus: ACH operations risk assessment required by NACHA, Wire Transfers for back office operations, and a comprehensive Social Media risk assessment.