BAIT compliance defines the statutory requirements of Section 25A of the German Banking Act (Kreditwesengesetz, KWG). It is built on MaRisk and specifies them in greater detail. It is primarily aimed at financial institutions operating in Germany that includes banks, insurance companies, financial service providers, and outsourced service providers.

In this compliance mapping paper, ARCON has discussed different requirements mandated by BAIT and how ARCON’s stack of IAM solutions with a wide range of features help German organizations address their security requirements seamlessly and successfully.

Read the paper to know how ARCON enables security and risk management leaders to comply with the BAIT mandates.