APRA | Financial Services Regulation | Cloudanix
Australian Prudential Regulation Authority (APRA)
Australia's financial services are governed by strict compliance laws. APRA plays a critical role in overseeing risk, stability, and security standards for institutions across banking, insurance, and superannuation.
What is APRA?
APRA is an independent statutory authority that promotes financial system stability in Australia. It regulates banks, insurers, and superannuation institutions to ensure sound governance and operational security. In response to the evolving cloud landscape, APRA has released updated guidance on cloud outsourcing, emphasizing the need for strong risk controls and due diligence when using cloud providers.
Cloud Security Expectations Under APRA
In 2018, with the introduction of Australia’s Notifiable Data Breach Scheme, APRA updated its 2015 paper on outsourcing involving shared computing services. These updates were made due to the growing reliance on cloud computing and the corresponding rise in security vulnerabilities — particularly for APRA-regulated entities. APRA outlines minimum security requirements for cloud outsourcing, raising the bar on what’s expected from both providers and practitioners.
Updated Outsourcing Guidelines
APRA mandates enhanced controls and risk management for cloud-based outsourcing.
Rising Cloud Risks
More cloud use = more scrutiny. APRA expects tighter security and continuous monitoring.
APRA Compliance | Financial Sector Security | Cloudanix
Why Should You Choose Cloudanix for APRA Compliance?
APRA’s CPS 234 standard requires financial institutions to maintain resilient security operations, protect sensitive data, and ensure audit-readiness. Cloudanix was built to help regulated entities meet and exceed these expectations with automation, audit recipes, and real-time visibility.
Automated Security Audits
Cloudanix performs automated audits using curated recipes aligned with APRA standards. From IAM to configuration checks, Cloudanix constantly evaluates your infrastructure for vulnerabilities — providing compliance-grade reporting without the manual effort.
CPS 234 Readiness
Cloudanix aligns with APRA's Information Security Standard CPS 234. It enables you to enforce controls across sensitive workloads and detect issues that impact confidentiality, integrity, or availability — supporting resilient business continuity and secure outsourcing.
AWS Misconfiguration Checks
Our AWS audit recipes include checks like: Public Snapshots, Older Instances Running, Default VPC Not In Use, EC2 IAM Roles, and more. These help detect violations before they become security incidents — maintaining continuous alignment with APRA mandates.
Azure Misconfiguration Checks
Cloudanix offers Azure-specific rule sets to flag issues like: Open ports in NSGs, Misconfigured storage accounts, and Missing encryption keys. These keep your environment in sync with APRA’s expectations of strong cloud governance.
GCP Misconfiguration Checks
For GCP, Cloudanix audits identity bindings, exposed buckets, excessive permissions, and lack of logging — giving you clarity on where you stand and how to resolve APRA non-compliance before audits occur.
Security for your Code, Cloud and Data
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