Compliance with APRA CPS 234 is crucial for financial institutions and organisations regulated by the Australian Prudential Regulation Authority (APRA). At Siege Cyber, we specialise in guiding you through the journey towards APRA CPS 234 compliance with our comprehensive APRA CPS 234 Compliance Assistance service.

What We Offer

Our service is designed to help your organisation prepare for APRA CPS 234 compliance by providing expert support and practical solutions. While we don’t conduct the final certification, we ensure that you are thoroughly prepared for it.

Our Process

1. Initial Assessment: We begin with a detailed assessment of your current information security practices to identify gaps and areas for improvement based on APRA CPS 234 requirements.
2. Gap Analysis: Our team conducts a thorough gap analysis to compare your existing controls with APRA CPS 234 standards. This helps us identify specific areas that need enhancement.
3. Implementation Support: We assist in developing and implementing the necessary policies, procedures, and controls to meet APRA CPS 234 standards. Our experts provide hands-on support to ensure all measures are effectively integrated into your operations.
4. Training and Awareness: We provide training sessions to educate your staff on APRA CPS 234 requirements and the importance of information security, fostering a culture of security awareness within your organisation.
5. Internal Audits: Our team conducts internal audits to evaluate the effectiveness of the implemented controls and ensure continuous compliance. These audits help in identifying any areas that may need further improvement before the final certification audit.
6. Ongoing Support: We offer continuous support to maintain compliance, including regular reviews and updates to your information security management system (ISMS) to adapt to evolving threats and business needs.

APRA CPS 234 Specific Requirements

• Information Security Capability: Ensure your organisation has the capabilities to protect itself from information security threats.
• Policy Framework: Establish and maintain an information security policy framework that sets out your approach to managing information security.
• Implementation of Controls: Implement security controls to protect information assets from threats and vulnerabilities.
• Incident Management: Develop and maintain an incident response plan to manage and respond to information security incidents effectively.
• Testing and Assurance: Regularly test the effectiveness of information security controls to ensure they remain effective.
• Third-Party Management: Ensure that third parties managing information assets on behalf of your organisation comply with APRA CPS 234 requirements.

Benefits to Your Business

• Enhanced Security Posture: Strengthen your information security management system to protect against data breaches and cyber threats.
• Regulatory Compliance: Ensure compliance with APRA CPS 234 requirements, reducing the risk of penalties and legal issues.
• Improved Customer Trust: Demonstrate your commitment to information security, building trust with customers and stakeholders.
• Operational Efficiency: Streamline your security processes and improve operational efficiency through well-defined policies and procedures.
• Competitive Advantage: Gain a competitive edge by showcasing your APRA CPS 234 readiness, attracting new business opportunities and partnerships.

Why Choose Siege Cyber?

With extensive experience in guiding Australian financial institutions and APRA-regulated entities towards compliance, Siege Cyber is your trusted partner in achieving robust information security. Our team of seasoned cybersecurity professionals brings a wealth of knowledge and practical expertise to help you navigate the complexities of APRA CPS 234 requirements.

Partner with Siege Cyber and take the first step towards securing your information assets and achieving APRA CPS 234 compliance. Contact us today to learn more about our APRA CPS 234 Compliance Assistance service and how we can help your business.