BACEN's significance and requirements
Banco Central do Brazil (BACEN), the Central Bank of Brazil, in its own words, "Provides for the cyber security policy and the requirements for contracting services of data processing, data storage and cloud computing to be observed by financial institutions and other institutions licensed by the Central Bank of Brazil."
These recommendations include multi-factor authentication, session monitoring, and regular audits. Strong PAM practices are essential to mitigate cybersecurity risks, prevent fraud, and maintain regulatory compliance as per BACEN's standards.
This white paper will help you:
- Understand why privileged access management (PAM) is important in the context of BACEN and its recommendations, and how it helps secure your organization's sensitive information.
- Discover how PAM360 enables your organization to deploy effective PAM controls, ensuring you address BACEN's recommendations.
- Gain actionable insights about how PAM360 enhances your cybersecurity standards and helps you align with BACEN's standards.
Additional resources
Ensuring compliance with the NIS2 Directive with PAM
PAM Maturity Model eBook
PAM Buyer’s Guide eBook
Disclaimer: The complete implementation of BACEN's recommendations requires numerous processes, policies, people, and technology controls. The solutions mentioned above are limited to privileged access management controls offered by PAM360 to help comply with BACEN's requirements. Coupled with other appropriate solutions, processes, people controls, and policies, ManageEngine’s PAM360 can help organizations align with the BACEN's recommendations. This material is provided for informational purposes only and should not be considered as legal advice for compliance with BACEN's requirements. ManageEngine makes no warranties, express, implied, or statutory, as to the information in this material. Please contact your legal advisor to learn how the BACEN's requirements impact your organization and what you need to do to comply with BACEN standards.
