The financial sector is the second-largest source of data breaches, having notified OAIC of 42 system breaches. The average cost of a data breach in Australia sits at $2.5 million. Getting it right is somewhat of a juggling act. The CPS234 is a direct response to the changing threat landscape and the increased rise of incidents across an array of technologies used by financial services organisations. It builds upon previous prudential standards and ensures your organisation has sufficient security measures in place. However, your cyber security posture needs considered balancing.”]