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Compliance to Local Finance Laws with One Identity Safeguard for Privileged Sessions

"One Identity is the first company in IT business which provided a custom solution in the promised time without any obvious faults. Even after 2 weeks of intensive testing we didn’t find any bugs in the pre-release. I never expected that at all."

Mr. Michael Fendt, System & Network Engineer of Fiducia IT AG.

In Germany, the Federal Financial Supervisory Authority (BaFin) recently announced new regulations which further extend the Minimum Requirements for Risk Management (MaRisk) for financial institutions. Among others, MaRisk requires full audit of administrative access to private banking information. To fulfill these strict requirements, Fiducia had to look for a solution capable of recording all database access by system/database/security administrators and replaying the records for forensic purposes in case there is suspicion of non-compliance.

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