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APRA has released draft Prudential Standard CPS 230 Operational Risk Management for comment. CPS 230 will replace CPS 231: Outsourcing and CPS 232: Business Continuity, and the sector specific standards HPS 231, SPS 231 and SPS 232. What is operational resilience? Operational risk management analyses and defines risks associated with people, processes, and systems. Operational resilience defines the approach to managing operational risks.

Since March 2022, existing .au registrants were eligible for the Priority Allocation Process, enabling them to apply for priority status of a direct .au domain name matching their pre-existing domain name. After 20 September 2022, direct .au domain names that have not been registered will be available to the general public.

Following the announcement of the CPS tripartite audits in November 2020, APRA began issuing notices to regulated entities to undergo the independent assessment. The reviews are part of APRA’s four year strategy to increase the rigor of compliance with CPS 234: Information Security.

With the 2022 financial year coming to a close, private health insurers face a number of considerations in regulation and their year-end financial reporting.

APRA’s feedback focuses on ensuring recovery from high-impact cyber-attacks. Boards are encouraged to seek assurance on the entity’s likely ability to recover from a high-impact cyber-attack.

On Tuesday 23 November 2021, APRA released commentary following the conclusion of its pilot initiatives – the tri-partite audit and technology resilience data collection.

APRA has now begun issuing notices to regulated financial institutions advising them to start preparing for CPS 234 tripartite reviews.

JBS Foods International is the largest meatpacking company in the world – but also in Australia. Operating 47 sites across the country, some sub-brands you might recognise include Primo and Hans.

I’ve written before about COVID contact tracing apps and the need for robust privacy by design, supported by sufficient transparency and scrutiny.

Zoom has had security flaws identified and reported on for some time now. These flaws have been the aforementioned call hijacking, questionable encryption, call traffic being routed through Chinese servers and the more covert issue of Mac users being unknowingly forced into calls.

Cybercriminals are taking advantage of the COVID19 panic, targeting individuals, corporations, governments and industries globally.

In early 1848, in the middle of a Californian river, gold flakes were discovered. Not even a year later, an influx of approximately 300,000 migrants arrived and staked their claims in the hopes of making their fortunes.