Netskope for the Australian CPS 234

The Australian Prudential Standard CPS 234 Information Security aims to ensure that financial entities regulated by the Australian Prudential Regulation Authority (APRA) maintain strong information security measures. It exists to protect against cyberattacks and other incidents, reducing their impact on the confidentiality, integrity, and availability of critical information assets, including those managed by third parties.

How Netskope supports compliance with the Australian CPS 234

• Unified data protection: Netskope offers advanced data loss prevention (DLP) to monitor and safeguard sensitive data across the web, cloud services, and on-premises, preventing unauthorized access or transfer, which directly supports the Australian CPS 234 requirements for protecting information assets. Encryption for data in transit and at rest further reduces breach risks.
• Comprehensive visibility & risk management: Netskope provides real-time visibility into cloud service usage and user behavior, helping organizations monitor and manage information security risks effectively. It assesses cloud service risks and offers detailed compliance reports to demonstrate adherence to the Australian CPS 234.
• Proactive incident response & control effectiveness: Netskope offers threat protection against malware and automates incident response actions like alerting teams and restricting access, supporting prompt detection and rapid response. The Netskope One platform also assists in assessing and improving security controls, including those of third parties.