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With the growing threat of cyber-attacks on Australian financial services companies, the Australian Prudential Authority (APRA) released its Prudential Standard CPS 234 Information Security on 1st July 2019. The objective of CPS 234 is to help APRA regulated entities in the banking, insurance and superannuation industries to build resilience against any information security incidents and have the capability to respond swiftly and effectively in the event of a breach.
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The purpose of this Whitepaper is to provide recommendations to APRA regulated entities on implementing key APRA practice guidelines (CPG 234) to comply with the requirements of CPS 234.
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SafeNet authentication solutions offered several key advantages, including easy-to-use mobile authenticators that have been deployed to employees' iPhones and Android phones, and the ability to support our future security needs by being able to implement additional security applications in the future.
— Rudolf Hotter, COO, CANCOM AG
