Basel II Compliance with Tripwire

Understand the issues addressed by the new international banking standard known as the Basel Committee on Banking Supervision (BCBS or Basel II), and find out how Tripwire can help meet all requirements of Basel II compliance even before it becomes a worldwide banking regulation.

Basel II goes beyond protection of electronic consumer data by addressing the risks faced by financial institutions and how they are evaluated, planned for and disclosed. While Basel II compliance is not yet a law or regulation, it will ultimately be adopted by every nation in the world. Institutions must meet requirements in three main areas: minimum capital requirements; supervisory review; and market discipline.

In this white paper, you will learn what constitutes the three main objectives of the new Basel II international standard for mitigating operational risk in financial institutions, and see how Tripwire is uniquely suited to complying with multiple requirements of Basel II.

This paper details:

• The three challenges addressed by the Basel II standard: managing and mitigating operational risk; tracking and centralizing event loss data; and, adopting disclosure policies, controls and assessment processes.
• How change management processes are crucial to Basel II compliance
• How Tripwire helps companies quickly meet all aspects of compliance, especially in the area of mitigating operational risk

About the Author
Daniel J. Langin is an attorney and has more than 17 years experience in private and corporate practice, including 10 years of litigation and counseling in technology, insurance coverage and intellectual property.

Download this paper and learn how Tripwire is helping worldwide financial institutions meet the requirements of the Basel II standard.