APRA clarifies expectations on cyber security and adequacy of backups

APRA has issued a letter to regulated entities highlighting the importance of robust data backups for cyber resilience. This communication aligns with APRA's ongoing focus on supervising cyber resilience across the industry. The letter identifies common issues in backup practices that could hinder system restoration, and APRA expects entities to review and address these gaps promptly. Read more here.

Policies affected: Information Security policies and procedures

Organisations affected: APRA regulated entities