Cybersecurity & APRA Compliance for Wealth Management Firms
Achieve audit-ready security and meet APRA/ASIC regulatory obligations with our comprehensive cybersecurity framework tailored for financial services.
- Regulatory exposure (APRA/ASIC/Privacy Act)
- Adviser credential theft & account compromise
- Ransomware attacks & data loss
- Third-party platform risk (Xplan/IRESS)
Essential Security Services for Financial Advisers
APRA CPS 234 Alignment
Implement critical information security standards for Australian Prudential Regulation Authority compliance with streamlined gap analysis and remediation.
APRA CPS 230 Readiness
Meet operational resilience requirements with business continuity planning, disaster recovery protocols, and regular testing frameworks.
Essential Eight Implementation
Deploy Australian Government’s Essential Eight mitigation strategies to strengthen defence against targeted cyber attacks.
Endpoint Detection & Response
24/7 continuous monitoring and threat detection across all devices with rapid response and remediation capabilities.
Security Awareness Training
Comprehensive staff training programs covering phishing, social engineering, password management, and compliance obligations.
Penetration Testing & Audits
Simulated attack testing and comprehensive security audits to identify vulnerabilities before malicious actors can exploit them.
From Assessment to Audit-Ready in 90 Days
Our proven methodology ensures rapid deployment while maintaining comprehensive security standards and full regulatory alignment.
Security Assessment
Comprehensive evaluation of current security posture, compliance gaps, and remediation priorities aligned with APRA requirements.
Remediation Plan
Detailed roadmap outlining security controls, compliance measures, and implementation timeline with risk prioritization.
Implementation
Managed deployment of security controls, staff training, and system hardening with minimal disruption to operations.
Ongoing Monitoring
24/7 threat monitoring, quarterly compliance reviews, and continuous optimization to maintain audit-ready status.
Financial Services Firms Ready to Strengthen Security
Wealth Management & Financial Planning
Dedicated security solutions for multi-adviser practices managing sensitive client data and regulatory compliance requirements.
Investment & Fund Management
Enterprise-grade cybersecurity for fund managers, investment advisers, and portfolio administrators with stringent compliance needs.
Accounting & Professional Services
Security frameworks for accounting firms, tax advisers, and bookkeeping services protecting client financial information and credentials.
Frequently Asked Questions
What exactly is APRA CPS 234 and why does it matter?
APRA CPS 234 is the Australian Prudential Regulation Authority’s Information Security Standard. It applies to Authorised Deposit-taking Institutions, general insurers, and life insurance companies, requiring comprehensive information security management systems. For financial advisory firms, understanding and aligning with CPS 234 principles demonstrates commitment to security best practices and protects against regulatory scrutiny.
Do small advisory practices need to comply with APRA requirements?
While APRA doesn’t directly regulate financial advisers, CPS 230 (Operational Resilience) and CPS 234 principles are increasingly referenced in regulatory expectations. Our 2026 white paper The AI-Ready Professional Services Firm maps these standards against the ten controls every financial services firm should have in place, with a 90-day implementation plan. ASIC also expects advisers to maintain appropriate security controls. Implementing these standards helps protect your firm, clients, and staff while demonstrating governance maturity to regulators and potential acquirers.
What are Essential Eight maturity levels and which should we target?
The Australian Government’s Essential Eight has three maturity levels (One, Two, Three). Maturity One addresses basic controls; Maturity Two adds restrictions and monitoring; Maturity Three implements advanced threat-focused controls. For financial services firms, we recommend targeting Maturity Two minimum, with progression toward Maturity Three for higher-risk practices or those managing significant assets.
How do you protect remote advisers’ devices without slowing them down?
We deploy lightweight, optimized security solutions that provide endpoint protection, encryption, and threat detection with minimal performance impact. Modern endpoint detection and response (EDR) tools use intelligent agent technology that runs efficiently on background resources. Combined with proper device encryption and multi-factor authentication, advisers maintain full productivity while devices remain secured.
How long does it take to prepare for an APRA review or ASIC examination?
Our 90-day program is designed specifically for advisory firms preparing for regulatory examination. We focus on high-impact controls, documentation, and evidence gathering that regulators prioritize. Most firms achieve audit-ready status within this timeframe through our structured assessment, remediation, implementation, and testing process.
What happens if we experience a security incident or ransomware attack?
Our 24/7 monitoring team detects threats in real-time and initiates immediate incident response protocols. We isolate affected systems, preserve evidence, coordinate recovery efforts, and manage regulatory notification requirements. Pre-established disaster recovery processes minimize downtime, and automated backups ensure data recovery without paying ransomware demands.
Schedule Your Cybersecurity Assessment Today
Take the first step toward audit-ready security and complete APRA compliance. Our team will assess your current posture and outline a clear path to strong defenses.
Talk to Tom Buckley
About securing your firm’s IT environment and meeting APRA compliance obligations.