The CPS 234 Information Standard, established by the Australian Prudential Regulation Authority (APRA), mandates that organizations in the financial and insurance industries bolster their information security frameworks to safeguard themselves and their customers from the growing threat of cyber attacks. 

Our previous article delved into what APRA CPS 234 entails and how organizations can work toward compliance. This article offers a detailed APRA CPS 234 checklist to comprehensively overview the related requirements.  

CPS 234 Compliance Requirements

APRA-regulated entities must:

1. Define Roles and Responsibilities: Clearly outline the roles and responsibilities regarding information security for the board, senior management, governing bodies, and other employees. 
2. Maintain Adequate Information Security Capability: Ensure the organization’s information security capabilities can handle emerging threats and existing vulnerabilities to maintain efficient and effective operations. 
3. Implement Information Security Controls: Establish and continually evaluate controls to protect information assets based on their (Read more...)