CPS 234 : Strengthening Cyber Security Measures for Financial Institutions
In the realm of financial institutions, the importance of robust cybersecurity measures cannot be overstated. CPS 234, a standard introduced by the Australian Prudential Regulation Authority (APRA), is designed to ensure that these entities maintain strong information security frameworks. By adhering to CPS234, financial institutions are required to implement comprehensive strategies to protect sensitive data and mitigate cyber threats. Consequently, the overall resilience of the financial sector is enhanced, safeguarding both the institutions and their customers.
Our Cyber Security consultants can assist your business in attaining Prudential Standard CPS 234 Information Security compliance. CPS234 compliance is based upon a minimum standard of compliance to allow APRA Regulated entities to work within the Australian Financial and Insurance industry.
Principles of Cyber Security
- Physical Security
- Technical Security
- Administrative controls
- Concept of least privilege
- Essential Eight
- NIST Cyber Security Framework
- Application Whitelisting
- Patch management
- Multifactor Authentication