APRA CPS 234 Compliance

APRA CPS 234 is the prudential standard requiring APRA-regulated entities to maintain information-security capability proportionate to their threats. CISO Advisory Australia provides independent security leadership to meet and evidence CPS 234 for Australian banks, insurers, super funds and their service providers.

APRA’s CPS 234 sets information-security obligations for banks, insurers and superannuation entities — and their service providers. We provide the independent security leadership to meet it and evidence it.

What is APRA CPS 234?

CPS 234 is the Australian Prudential Regulation Authority’s information-security standard for APRA-regulated entities. It requires organisations to clearly define information-security roles and responsibilities, maintain capabilities proportionate to threats, implement controls to protect information assets, and notify APRA of material incidents — and it extends to the third parties that manage your information.

How we help

• CPS 234 gap assessment — your obligations vs your current controls and governance.
• Roles, responsibilities & policy — clearly defined and documented as the standard requires.
• Control uplift — protecting information assets in line with their criticality and sensitivity.
• Third-party / service-provider risk — assessing the providers that hold or manage your data.
• Incident response & notification readiness — so you can detect, respond and notify APRA within required timeframes.
• Board reporting & assurance — evidence your board and APRA expect.

For regulated entities and their providers

CPS 234 applies to banks, insurers, superannuation funds — and increasingly flows down to the fintechs, SaaS platforms and service providers that work with them. If you’re a provider being asked CPS 234 questions by a regulated client, we help you meet that bar and win the work.

Independent and senior

Led by a founder with 27 years across cybersecurity, fintech and payments — we provide objective leadership and assurance, not products.

Frequently asked questions

Does CPS 234 apply to us?
Directly if you’re APRA-regulated; indirectly if you provide services to regulated entities. We help both.

What’s the hardest part of CPS 234?
Usually third-party risk and incident-notification readiness. We focus there early.

Can you work alongside our existing team?
Yes — we provide the independent security leadership and governance layer above your team or provider.

Need to meet or evidence CPS 234? Book a confidential call.