CPS 230:A Premier Cybersecurity Framework

The world of cybersecurity is ever-evolving, and with the advancements in technology, the need for robust, adaptable frameworks to secure cyberspace has never been more critical. In this landscape, CPS 230 emerges as a pivotal guideline, designed to fortify the resilience and security of information systems across various sectors. Developed by the Australian Prudential Regulation Authority (APRA), CPS 230 is a testament to the authority’s commitment to enhancing the cybersecurity posture of organisations under its purview, including banks, insurance companies, and other financial institutions.

APRA-CPS-230

Target Audience

CPS 230 is meticulously crafted to meet the needs of Chief Information Security Officers (CISOs), security professionals, IT managers, and other stakeholders involved in the governance and management of information security risks.

Key Security Domains Covered

The MyCISO Getting Started Framework includes 20 controls that align to the following security domains:

Governance and Risk Management: Establishes the need for a robust governance framework, with senior management actively overseeing the cybersecurity initiatives and risk management processes.

Personnel Security: Focuses on securing human resources through screening, continuous training, and awareness programs to mitigate insider threats.

Physical Security: Emphasises protecting physical assets and infrastructure from unauthorized access or damage.

System Hardening and Configuration: Advocates for implementing secure configurations, regular updates, and patches to software and systems to minimise vulnerabilities.

Access Control: Stresses the importance of managing access to information and systems through authentication, authorization, and accounting practices.

Cryptography: Recommends the use of strong cryptography to protect the confidentiality, integrity, and availability of information.

Incident Response: Guides on developing and implementing an effective incident response plan to quickly detect, respond to, and recover from security incidents.

MyCISO recommends selecting a larger and more comprehensive framework upon completing MyCISO Getting Started.

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