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The 7th MaRisk Amendment – What changes in IT Security Management?

The 7th MaRisk Amendment – What changes in IT Security Management?

With the last MaRisk amendment (Circular 10/2021, Minimum Requirements for Risk Management), a number of topics relating to IT security were adjusted, resulting in major implementation efforts. A little more than a year later, the German Federal Financial Supervisory Authority (BaFin) has now published its draft of the 7th MaRisk amendment for consultation.