"APRA to introduce first prudential standard aimed at tackling growing threat of cyber attacks"

07 March 18

"APRA to introduce first prudential standard aimed at tackling growing threat of cyber attacks"

 

Cyber Research has advised us of another driver for cyber security in Australia - FIN services.

"The Australian Prudential Regulation Authority (APRA) has responded to the growing threat of cyber attacks by proposing its first prudential standard on information security.

APRA today released a package of measures, titled Information Security Management: A new cross-industry prudential standard, for industry consultation. The package is aimed at shoring up the ability of APRA-regulated entities to repel cyber adversaries, or respond swiftly and effectively in the event of a breach."

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