Australia · Australian Prudential Regulation Authority (APRA)
CPS 234

APRA Prudential Standard CPS 234

APRA's information-security prudential standard requiring regulated entities to maintain information-security capability commensurate with the threats they face.

Status · Effective 1 July 2019

What CPS 234 actually is.

CPS 234 applies to all APRA-regulated entities - banks, insurers, superannuation trustees and other RSE licensees. It imposes five core obligations: clear roles and responsibilities, an information-security capability commensurate with threats, implementation of controls to protect information assets, testing of controls, and notification to APRA of material information-security incidents within 72 hours. Boards are ultimately accountable for information security under the standard.

Applies to

All APRA-regulated entities, including ADIs, foreign ADIs, general insurers, life insurers, private health insurers, superannuation trustees and RSE licensees.

Key requirements

The control areas the framework covers.

Summary of the control families and outcomes the framework drives. Always validate against the official publication for the authoritative wording.

  1. 01

    Roles and responsibilities

    Clearly define information-security roles, including those of the board, senior management, governing bodies and individuals.

  2. 02

    Information-security capability

    Maintain a capability commensurate with the size and extent of threats, and the criticality and sensitivity of information assets.

  3. 03

    Policy framework

    Maintain an information-security policy framework that directs the behaviour of personnel and third parties.

  4. 04

    Implementation of controls

    Implement controls that are adequate and appropriate to protect information assets against vulnerabilities and threats.

  5. 05

    Testing

    Systematically test the effectiveness of controls and apply the results.

  6. 06

    Incident notification

    Notify APRA within 72 hours of information-security incidents that have or could have a material impact.

Official source

Read it from the issuing body.

For anything with a regulator or certification body behind it, the authoritative text is what counts - not our summary.

Australian Prudential Regulation Authority (APRA)

APRA Prudential Standard CPS 234

apra.gov.au/information-security

Content on this page is a plain-language summary for programme planning. It is not legal or regulatory advice, and it does not replace a current copy of the issuer's publication.

Industries

Where CPS 234 shows up.

Sectors where Vectra most commonly applies this framework. Click through for the industry-specific program view.

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