Netwrix helps you comply with APRA CPS 234

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About APRA CPS 234

CPS 234 is the Australian Prudential Regulation Authority (APRA) prudential standard for information security. It requires APRA-regulated entities and certain third parties to maintain an information security capability commensurate with their threats and vulnerabilities, ensure the security of information assets, test the effectiveness of controls, and notify APRA of material security incidents in a timely manner.
CPS 234 applies to authorized deposit-taking institutions, general insurers, life companies, private health insurers and registrable superannuation entity licensees. It also extends to third parties that manage information assets on behalf of regulated entities.

CPS 234 Benefits

Top reasons why organizations operationalize CPS 234:

• Risk based and outcomes focused
  Emphasizes proportional controls based on the criticality and sensitivity of information assets and the evolving threat landscape.
• Clear accountability and governance
  Requires defined roles and responsibilities for the board, senior management and service providers, improving oversight of cyber risk.
• Assurance through testing
  Mandates regular testing of security controls and prompt remediation of gaps, which strengthens resilience over time.
• Third party and supply chain visibility
  Requires oversight of service providers that hold or access information assets, improving whole-of-ecosystem security.
  

How does Netwrix help you comply with CPS 234?

Netwrix solutions help establish and evidence the controls expected by CPS 234. They provide visibility into where sensitive information lives, who can access it, how it is used, and whether controls are effective. They also support timely detection and response to incidents and simplify audit reporting.

Our solutions support:

• Information asset discovery and classification for proportional controls
• Access governance and least privilege across data and identities
• Privileged access management and full auditability of admin activity
• Continuous monitoring, alerting and incident investigation
• Configuration integrity and change control for critical systems
• Evidence and reporting for internal assurance and APRA engagement

Netwrix Data Classification

Discovers and classifies sensitive and regulated information across repositories. Helps apply proportionate controls, reduce overexposure, and respond to requests for evidence on how information assets are governed.

Netwrix Access Analyzer

Automates discovery of sensitive and regulated data, maps access, and enables access reviews and remediation. Supports CPS 234 requirements for identifying and protecting information assets and maintaining appropriate access restrictions.

Netwrix Privilege Secure

Delivers just-in-time privileged access, credential vaulting, and session monitoring with full recordings. Supports CPS 234 expectations for strong control over privileged activities and accountability for administrator actions.

Netwrix Auditor

Provides centralized audit trails, predefined compliance reports, alerting and search across hybrid systems. Helps demonstrate control effectiveness, support investigations, and produce evidence for internal assurance and APRA reviews.

Netwrix Threat Manager

Detects complex attacks and insider threats with user behavior analytics and automated response. Supports CPS 234 requirements to promptly detect, respond to and contain incidents, helping meet timely-notification obligations.

Netwrix ITDR

Identity threat detection and response that identifies compromised accounts and risky authentications. Strengthens identity assurance and reduces the likelihood and impact of account driven incidents.

Netwrix Change Tracker

Monitors configuration baselines and detects unauthorized or noncompliant changes on critical systems. Supports CPS 234 expectations for maintaining the security of information assets through configuration hardening and control testing.

Netwrix Password Secure

Enforces strong password policies and secure credential management. Reduces the risk of compromise through weak or reused passwords and supports control effectiveness around authentication.

Netwrix PingCastle

Assesses Active Directory and Entra ID for misconfigurations and excessive privilege. Provides actionable findings that feed risk assessments and remediation plans aligned to CPS 234.

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