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Ultimate Compliance Comparison

APRA CPS 234 versus Defence Industry Security Program (DISP)


Explore the differences between APRA CPS 234 and Defence Industry Security Program (DISP). 

 

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Explore and contrast APRA CPS 234 and Defence Industry Security Program (DISP)

APRA CPS 234 and Defence Industry Security Program (DISP) are two security frameworks designed to protect organizations from cyber threats. APRA CPS 234 is a set of guidelines developed by the Australian Prudential Regulation Authority (APRA) to help organizations manage cyber security risk. It focuses on the implementation of risk management processes, such as identifying and mitigating risks, and implementing appropriate controls. DISP is a security framework developed by the Australian Department of Defence for organizations that provide services to the Australian Defence Force. It focuses on the implementation of security processes and procedures, such as access control, physical security, and incident response. Both frameworks are designed to help organizations protect their data and systems from cyber threats.



What is APRA CPS 234?

APRA CPS 234 is a set of standards issued by the Australian Prudential Regulation Authority (APRA) that applies to all authorized deposit-taking institutions (ADIs) in Australia. The standards aim to ensure that ADIs have the necessary systems, processes, and controls in place to protect customer information and maintain the confidentiality, integrity, and availability of their IT systems. APRA CPS 234 sets out the minimum requirements for information security management, including the governance of information security, asset management, access control, system and communications protection, incident management, business continuity, and compliance. The standards also require ADIs to have policies and procedures in place to ensure that they are compliant with the requirements.



What is Defence Industry Security Program (DISP)?

The Defence Industry Security Program (DISP) is a security program established by the Australian Government to protect and secure sensitive and classified information held by the Australian Defence Industry (ADI). The program is managed by the Defence Security Authority (DSA), an independent body within the Department of Defence. The DISP aims to ensure that ADI personnel have the necessary security clearance and background checks to access sensitive information and to ensure that secure systems are in place to protect the information. The program also provides guidance and support to ADI personnel on security issues, including cyber security, and provides training and advice on security policies and practices. The DISP also helps the ADI to identify and manage cyber security risks and to ensure compliance with relevant legislation and regulations.



A Comparison Between APRA CPS 234 and Defence Industry Security Program (DISP)

1. Both APRA CPS 234 and DISP are security standards intended to protect the confidentiality, integrity and availability of organizational data and systems.

2. Both standards focus on the protection of information assets, including the development and implementation of appropriate security controls.

3. Both standards require organizations to maintain a secure environment through the implementation of security policies and procedures.

4. Both standards require organizations to conduct regular risk assessments and implement appropriate security measures to mitigate identified risks.

5. Both standards require organizations to monitor and review security controls on a regular basis.

6. Both standards require organizations to provide adequate security training and awareness programs to personnel handling sensitive information.



The Key Differences Between APRA CPS 234 and Defence Industry Security Program (DISP)

1. APRA CPS 234 is a regulation that applies to all Australian financial institutions, while the DISP applies only to those organisations that are part of the Australian Defence Industry.

2. APRA CPS 234 focuses on the security of information systems and data, while the DISP focuses on the security of physical assets, personnel, and information systems.

3. APRA CPS 234 requires organisations to have a risk management framework in place, while the DISP requires organisations to have a security management system that is compliant with the Defence Security Principles.

4. APRA CPS 234 outlines specific requirements for data security, while the DISP outlines specific requirements for physical security.

5. APRA CPS 234 requires organisations to have a regular audit process, while the DISP requires organisations to have an annual security assurance review.



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