FRAMEWORK

Unify Operational Risk and Resilience Under CPS 230

APRA's Prudential Standard CPS 230 requires Australian banks, insurers, and superannuation trustees to connect operational risk, business continuity, and third-party management into one Board-accountable compliance program. Drata provides a purpose-built CPS 230 framework, for both APRA-regulated entities and their material service providers to centralize evidence and demonstrate readiness.

Image

Connected operational risk and continuity governance.

Reduced exposure to APRA enforcement and capital requirements.

Audit-ready evidence across all five requirement areas.

Defensible compliance posture for regulators, boards, and audits.

WHY DRATA

Discover the Drata Difference

Monitor CPS 230 Controls Without Manual Overhead

Drata continuously monitors CPS 230 controls, collecting evidence automatically across all five requirement areas:  governance, operational risk, incident management, business continuity, and service provider management. Teams maintain a current view of readiness without rebuilding documentation before each APRA review or internal audit cycle.

Image

Connect MSP Oversight to Operational Risk

Drata unifies internal risk and third-party vendor management in one platform, linking MSP register requirements directly to CPS 230 risk controls. Compliance teams gain a continuous view of service provider exposure and demonstrate the integrated risk posture APRA requires — without managing spreadsheets or disconnected systems.

Image

Extend Existing Frameworks to Cover CPS 230

Drata maps CPS 230 controls to shared evidence already collected for existing compliance programs, so organizations implement requirements once and reuse evidence across frameworks. Teams avoid running a parallel compliance program and keep policy ownership consistent as CPS 230 obligations evolve alongside existing standards.

Image

Streamline Third-Party Reviews With Agentic Assessment

Drata's TPRM AI Agent automates CPS 230 material service provider reviews by collecting vendor documentation, evaluating it against defined criteria, and producing traceable, audit-ready outputs. Compliance teams accelerate MSP oversight without manual questionnaire coordination, gaining consistent assessment quality at the scale CPS 230 requires.

Image

Additional Capabilities

Manage the MSP Register

Track and submit APRA-required material service provider registrations from a single, centralized register.

Map Business Continuity Controls

Connect business impact analysis, critical operations, and continuity plans into one CPS 230 evidence layer.

Automate Evidence Collection

Continuously collect and monitor evidence for CPS 230 controls so your team stays audit-ready between reviews.

Manage CPS 230 Policies

Use pre-built policy templates for business continuity, third-party management, and risk assessment aligned to CPS 230.

Share Posture With Regulated Customers

Publish your CPS 230 compliance posture directly to APRA-regulated customers through Trust Center without manual reporting.

Prepare for Internal Audits and APRA Reviews

Centralize evidence and streamline reviewer collaboration in Audit Hub so teams are ready for internal audits and/or APRA-supervised assessments.

FEATURED PRODUCTS & RELATED FRAMEWORKS

Get Compliant with Drata

Enterprise GRC

Centralize governance, controls, risks, policies, and evidence across the enterprise to stay continuously audit-ready.

Discover Enterprise GRC

Image

Compliance Automation

Automate evidence collection and control monitoring across frameworks so you’re always prepared for your next audit.

Discover Compliance Automation

Image
Image

ISO 27001

Discover More
DORA

DORA

Discover More

Essential Eight

Essential Eight

Discover More

See All Frameworks

Unlock the Power of Automation

Integrate Drata with your tech stack to power continuous trust. 

See All Integrations
What Customers Say

Achieve CPS 230 Compliance Easier with Drata

The time to maintain compliance has gone from spot checking once a year to basically day-by-day compliance monitoring.
Image
Ashley Jackson
CIO, Connective Broker Services
Read Customer Story
Image
RELATED RESOURCES

The CPS 230 Resources You Need

Drata Now Supports APRA CPS 230: Built for Both Sides of the Relationship
Blog

Drata Now Supports APRA CPS 230: Built for Both Sides of the Relationship

Learn More

Navigate CPS 230 with Confidence