Problem
1. Why is IT control and auditability so important in today's virtual environment?
2. List and explain three U.S. federal laws which impact IT auditors.
3. What are some of the major concerns regarding control and auditability of IT in today's global environment?
4. What is EFT and what are its areas of vulnerability?
5. What is E-cash? What are the IT control concerns associated with E-cash?