The German Federal Financial Supervisory Authority (Bundesanstalt für FinanzdienstleistungsaufsichtBaFin) has published  guidance regarding supervisory requirements on IT-infrastructure (Bankaufsichtliche Anforderungen an die IT (BAIT)). The new BAIT is the cornerstone for IT security.  It supplements the general “Minimum Requirements towards the Risk Management” (Mindestanforderungen an das Risikomanagement (MaRisk)) which have been amended and updated recently.

View a German summary of the BAIT.

 

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