APRA CPS 230 Operational Risk Management
Key principles and operational risk management framework (paras 11 to 18) – APRA CPS 230 Operational Risk Management

APRA CPS 230 Operational Risk Management 12: Para 12 Identify, assess and manage operational risk

The entity must find, evaluate and control the operational risks that can arise from failed or inadequate processes and systems, from what staff do or fail to do, and from external drivers and events, recognising that every product, activity, process and system carries operational risk.

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

What else in your programme already covers this

This control maps to 2 controls across 2 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

APRA CPS 220 Risk Management · 1 control

  • CPS220-P22 Framework Structure for Managing Each Material Risk

ISO 31000:2018 · 1 control

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 Key principles and operational risk management framework (paras 11 to 18) – APRA CPS 230 Operational Risk Management

You are reading one control. How much of APRA CPS 230 Operational Risk Management have you already done?

APRA CPS 230 Operational Risk Management 12 is one control. If you already hold one of the frameworks below, a reviewed crosswalk already says how much of APRA CPS 230 Operational Risk Management your existing evidence covers. Hold NIST Cybersecurity Framework 2.0 and 30 of 87 APRA CPS 230 Operational Risk Management controls already carry evidence.

If you hold NIST Cybersecurity Framework 2.034.5% covered · 57 gapsIf you hold DORA31% covered · 60 gapsIf you hold NIST SP 800-53 Rev 528.7% covered · 62 gapsIf you hold FedRAMP Moderate27.6% covered · 63 gapsIf you hold SOC 224.1% covered · 66 gapsIf you hold ISO 27001:202221.8% covered · 68 gaps

Each report names every control your existing framework evidences, every one it does not, the reasoning behind each claim, and the claims that were argued against and rejected. 4 were rejected on the NIST Cybersecurity Framework 2.0 pair alone.

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Query this from an agent

The graph holds this control, the 2 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll APRA CPS 230 Operational Risk Management controls