Automated Teller Machines

Use Case for Assessing Risk on Automated Teller Machines

Why assess the risk? Banks may handle transaction for consumers by way of automated teller machines. Such transactions may be vulnerable to and errors and omissions, misappropriations or fraudulent alteration of the amount or account number to which funds are to be deposited could result in a loss to the bank.

Who should assess the risks? Chief Operating Officer, Operations Managers, Teller Supervisors, Cash Management Officer

How to assess the risk: Rate the KRIs to determine if a threat would successfully exploit a vulnerability and to justify expenditures to implement countermeasures to protect the bank’s assets or reputation. Use the “Focus Risk Assessment” tool for in-depth analysis of risks and mitigation techniques.