APRA CPS 220 Risk Management
Review

APRA CPS 220 Risk Management CPS220-18: Triennial Comprehensive Review of the Framework

In addition to the annual audit review the institution must ensure the appropriateness, effectiveness and adequacy of its risk management framework is comprehensively reviewed at least every three years by operationally independent, appropriately trained and competent persons who may include external consultants, with results reported to the Board Risk Committee, the senior officer outside Australia or the Compliance Committee as relevant.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

What else in your programme already covers this

This control maps to 17 controls across 12 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

NIST Cybersecurity Framework 2.0 · 4 controls

  • NIST-CSF-GV.OV-01 Cybersecurity risk management strategy outcomes are reviewed to inform and adjust strategy and direction
  • NIST-CSF-GV.OV-02 The cybersecurity risk management strategy is reviewed and adjusted to ensure coverage of organizational requirements and risks
  • NIST-CSF-GV.OV-03 Organizational cybersecurity risk management performance is evaluated and reviewed for adjustments needed
  • NIST-CSF-ID.IM-02 Improvements are identified from security tests and exercises, including those done in coordination with suppliers and relevant third parties

Cloud Security Alliance Cloud Controls Matrix (CCM) v4.0.1 · 2 controls

NIST SP 800-53 Rev 5 · 2 controls

APRA SPS 220 Risk Management (Superannuation) · 1 control

  • SPS220-46 Triennial Comprehensive Review of the Framework

C5 (Germany) · 1 control

  • C5-COM-03 Internal audits of the information security management system

CMMC 2.0 · 1 control

FedRAMP High · 1 control

FedRAMP Moderate · 1 control

HIPAA Security Rule · 1 control

NIST SP 800-161 Rev 1 · 1 control

NIST SP 800-66 Rev 2 · 1 control

SOC 2 · 1 control

  • SOC2-CC4.1 CC4.1 Ongoing and separate evaluations of control (COSO principle 16)

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Review

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The graph holds this control, the 17 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll APRA CPS 220 Risk Management controls