How to implement CPS 234: A 7-step compliance guide
In 2024, Vanta’s State of Trust Report found that cybersecurity threats were the number one concern for Australian organisations. To mitigate such threats, the Australian Prudential Regulatory Authority (APRA) developed CPS 234—a robust security framework that all APRA-regulated entities must implement. CPS 234 addresses virtually all aspects of an entity’s security infrastructure, so implementation can be challenging without guidance.