Financial services organisations often find it challenging to maintain compliance with APRA's CPS 234 standard due to the complexity and breadth of information security risks. The extensive requirements for managing information security can be difficult to integrate into existing processes and frameworks. Achieving and maintaining compliance requires a robust and proactive approach to information security management.

Cevo's Information Security Assessment is designed to help APRA-regulated entities in Australia assess their compliance with the APRA prudential standard on information security. Our assessment identifies gaps between your current information security practices and CPS 234 requirements, providing you with a detailed report and prioritised recommendations to address these gaps and strengthen your information security posture.

By proactively assessing your alignment with CPS 234 leveraging our AWS and security expertise, you can take the necessary steps to protect your sensitive data assets, maintain customer trust, and demonstrate to APRA that you are a resilient financial institution.

Why customers use Cevo’s FSI Information Security Assessment

• Comprehensive evaluation - A thorough review of your information security framework and controls.
• Gap analysis - Identify discrepancies between your practices and CPS 234 requirements.
• Actionable recommendations - Detailed guidance on how to address gaps and enhance your security measures.
• Expert consultation - Work with experienced consultants who have deep expertise in financial services, cybersecurity best practices, and AWS technologies.

Key areas of assessment

• Roles and responsibilities - Evaluate the clear definition of information security roles and responsibilities across senior management, governing bodies and individuals.
• Security capability - Assess whether your information security capability matches the size and extent of threats to your information assets.
• Control implementation - Review the implementation of controls to protect information assets and the systematic testing of control effectiveness.

Deliverables

The outcomes of this assessment include:

• A clear understanding of your compliance status against CPS 234, helping you avoid potential fines and regulatory sanctions.
• Identification of information security control weaknesses and areas for improvement.
• A detailed and actionable roadmap to achieve compliance and enhance your information security maturity.
• Improved preparedness to detect, respond to, and recover from information security incidents.

Getting started

Once you place an order, one of our Client Directors will be in touch to confirm next steps.