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Base2Services has been audited and approved as an Australian Prudential Regulation Authority (APRA) CPS234 supplier to the financial industry.
This will allow the Melbourne-based cloud services company to work with companies whose information is subject to APRA regulations.
Compliance to CPS234 ensures that APRA-regulated entities, like financial institutions, insurance companies and superannuation funds have sufficient security for sensitive information and can quickly respond to attacks or breaches.
As these entities increasingly use third-party tools and services it is mandatory that third-party providers are also CPS234 compliant.
Base2Services managing director Arthur Marinis said the compliance certification also gives customers confidence that they are partnered with an organisation that understands modern security risks.