Project Management by Team · Researched comparison

Best CPS 234 Compliance Software Compared

TaskReports may earn a fee from some links on this page, and some placements are paid and labelled. Neither one decides the order. See our disclosure.

On this page

Key takeaways

  • CPS 234 is APRA Prudential Standard on information security, in force since 1 July 2019, and it applies to all APRA-regulated entities, including banks, insurers, and superannuation trustees.
  • Only some vendors publish a dedicated CPS 234 framework. 6clicks lists a pre-built CPS 234 framework, and Vanta offers a CPS 234 product with pre-built controls, while other tools handle CPS 234 through custom frameworks or cross-mapping from ISO 27001.
  • CPS 234 requires material incidents to be notified to APRA within 72 hours, and material control weaknesses that cannot be fixed in a timely way within 10 business days, so incident and testing workflows matter as much as policy templates.
  • Most tools in this comparison are quote only. Strike Graph is the exception, with Certify published from $21,500 per year on its pricing page, checked 11 November 2026.
  • Pick a compliance automation tool for fast evidence collection, or a configurable GRC platform for a broad risk, audit, and third-party program, and confirm CPS 234 coverage in writing before you sign.

Comparison

How these compare
ToolBest forPrice rangeFree plan
6clicksAPAC financial services teams and advisorsquote onlyNo
VantaAPRA-regulated teams wanting CPS 234 automationquote onlyNo
DrataContinuous control monitoring across frameworksquote onlyNo
SecureframeStartups and growing teams on a first frameworkquote onlyNo
HyperproofFramework-heavy compliance programsquote onlyNo
Strike GraphRisk-first teams wanting published pricing$21,500 per yearYes
LogicGateTeams building custom risk workflowsquote onlyNo
CammsAustralian public sector and APAC regulated teamsquote onlyNo

How we choose

We reviewed vendor pricing pages, product pages, and documentation for each tool on 11 November 2026, and we compared what each vendor publishes about CPS 234, control testing, third-party risk, incident management, and internal audit. We gave weight to vendors that document a CPS 234 framework or product, namely 6clicks and Vanta. We checked pricing on the vendor pricing page first, and where the vendor hides the price we recorded quote only rather than repeating a third-party figure as a vendor price. Strike Graph was the only vendor with a published starting price we could open and confirm on the day.

Our full method

The shortlist

★ Best overall

The best CPS 234 compliance software

2

6clicks

Best for APAC financial services teams and advisors

Website: https://www.6clicks.com

Best for: APAC financial services teams and advisors

Starting price: quote only

Free plan: No

Pros: Pre-built CPS 234 framework in the Content Library; Hub and Spoke model for advisors managing many clients

Cons: Pricing is quote only, so budgeting needs a sales conversation; The partner and advisor model may be more than a single in-house team needs

6clicks is the clearest CPS 234 fit in this comparison for Australian teams. The vendor documents a pre-built CPS 234 framework, with APRA information security requirements mapped to controls, alongside ISO 27001, SOC 2, Essential Eight, and IRAP. That matters because CPS 234 is principles based, and a team starting from a blank template must translate each requirement into controls, tests, and evidence on its own. 6clicks also covers CPS 230 third-party assessments.

The platform is built for managed service providers, advisors, and in-house teams that run a full GRC program, with risk registers, audits, vendor risk, incidents, and policy work in one place. The Hub and Spoke model lets an advisor run one hub and many client spokes, which suits firms serving several APRA-regulated clients. Ask for a demo that shows the CPS 234 control set and the 72-hour incident notification process.

3

Vanta

Best for APRA-regulated teams wanting CPS 234 automation

Website: https://www.vanta.com

Best for: APRA-regulated teams wanting CPS 234 automation

Starting price: quote only

Free plan: No

Pros: Documented CPS 234 product with pre-built controls and cross-framework mapping; Continuous evidence collection from cloud, identity, and device tools

Cons: Direct pricing is quote only, with no dollar figure on the pricing page; Add-ons and extra frameworks can raise the total cost above the first quote

Vanta is the other vendor in this list with a named CPS 234 product. Its CPS 234 page describes pre-built content and APRA-aligned guidance, continuous evidence collection across cloud, identity, devices, people systems, and vendors, and framework mapping that reuses CPS 234 evidence across ISO 27001, DORA, and NIS 2. The vendor also says it provides APAC-based compliance experts and a locally based customer success team in Australia. Final acceptance always rests with the auditor, because the standard has no formal certification process.

Vanta sells four plans, Essentials, Plus, Professional, and Enterprise. Its pricing page names the plans and asks buyers to request a demo for personalised pricing, with no dollar figure on any plan card. Essentials covers one compliance framework, Plus adds questionnaire automation, and Professional adds risk management and advanced reporting. For CPS 234, ask which plan includes the framework and what the auditor fee will be, because that fee sits outside the subscription.

4

Drata

Best for Continuous control monitoring across frameworks

Website: https://drata.com

Best for: Continuous control monitoring across frameworks

Starting price: quote only

Free plan: No

Pros: Continuous control monitoring and automated evidence collection; Cross-framework control mapping for SOC 2, ISO 27001, and other standards

Cons: Direct pricing is quote only, with no list price on the plans page; CPS 234 coverage needs confirmation in a demo, because Drata presents SOC 2 and ISO 27001 first

Drata is a compliance automation platform that monitors controls around the clock, collects evidence from connected systems, and maps one control set to several frameworks. That model fits CPS 234 well in principle, because the standard asks for security capability that is maintained as threats, vulnerabilities, and information assets change, plus regular testing of control effectiveness. Drata offers Foundation, Advanced, and Enterprise plans, with risk management, vendor risk, asset inventory, personnel tracking, and auditor collaboration.

The limit for an Australian buyer is that Drata does not present CPS 234 as a headline framework in the same way it presents SOC 2 and ISO 27001, so the CPS 234 control set, the CPG 234 guidance, and the incident notification workflow need to be confirmed in a demo. Ask the vendor to show how CPS 234 requirements map to ISO 27001 controls and how control testing is scheduled and evidenced. Also confirm the quote in writing, including the frameworks and the employee band, because direct pricing is quote only.

5

Secureframe

Best for Startups and growing teams on a first framework

Website: https://secureframe.com

Best for: Startups and growing teams on a first framework

Starting price: quote only

Free plan: No

Pros: Fundamentals, Complete, and Defense tiers cover startups to federal work; Comply AI questionnaire automation and a Trust Center are included in higher tiers

Cons: No list price is published on the pricing page; No free plan is listed, so a demo and quote are needed before full use

Secureframe is a compliance automation platform for teams working through a first certification and then adding frameworks over time. It sells three packages, Fundamentals, Complete, and Defense. Fundamentals is the entry tier, with one framework, infrastructure monitoring, automated evidence collection, continuous control monitoring, personnel management, risk management, policy management, security awareness training, asset inventory, and a Trust Center. Complete adds advanced third-party risk management, questionnaire automation, SSO and SCIM, and additional workspaces.

For CPS 234, Secureframe is best viewed as a general compliance automation tool that can support the standard through a custom framework, rather than as a dedicated CPS 234 product. The platform covers the building blocks CPS 234 needs, namely asset inventory, control monitoring, policy management, vendor risk, and evidence for audit. Pricing is quote only on the vendor site, built from headcount and framework count, so get a written quote that names the plan and the frameworks.

6

Hyperproof

Best for Framework-heavy compliance programs

Website: https://hyperproof.io

Best for: Framework-heavy compliance programs

Starting price: quote only

Free plan: No

Pros: Control mapping across more than 160 frameworks; Hypersync connectors collect evidence from connected systems

Cons: Pricing is quote only, with no public list price; Enterprise focus and setup effort can be heavy for a small first-time team

Hyperproof is a compliance operations platform for teams that manage many frameworks at once. It maps controls across more than 160 frameworks, collects evidence through Hypersync connectors, and links controls to risks, audits, and vendors in one system of record. That breadth suits a regulated entity that must run CPS 234 alongside ISO 27001, SOC 2, CPS 230, and the Privacy Act, because one control test can serve several frameworks when the mapping is set up correctly.

The trade-off is scale. Hyperproof does not publish a list price, and buyers report annual contracts in the five-figure range, with larger multi-framework programs costing more. Setup takes time, because the value comes from mapping controls, connecting systems, and defining tests. A small team with one framework may find a lighter tool faster to start, while a larger team with several frameworks and an internal audit function will get more from Hyperproof.

7

Strike Graph

Best for Risk-first teams wanting published pricing

Website: https://www.strikegraph.com

Best for: Risk-first teams wanting published pricing

Starting price: $21,500 per year

Free plan: Yes

Pros: Published pricing, with Certify from $21,500 per year and a free Launch tier; Risk-first model with risks, controls, and evidence in one place

Cons: CPS 234 is not listed among its Tier 1, 2, or 3 frameworks on the pricing page, so a custom framework is needed; Additional frameworks cost $2,000 to $8,000 per year each

Strike Graph is the only tool in this comparison with a published vendor price that we could open and confirm today. Its pricing page lists Certify from $21,500 per year, Scale from $35,000 per year, and Enterprise on request, with a free Launch tier for basic SOC 2 work. Certify includes a pre-seeded Tier 1 framework, unlimited risks, controls, and evidence, an AI security assistant, audit workbook export, role management, and more than 50 cloud integrations.

The limit for CPS 234 buyers is coverage. The pricing page lists Tier 1 frameworks such as SOC 2, HIPAA, GDPR, and ISO 27701, Tier 2 frameworks such as Essential Eight and ISO 27001, and Tier 3 frameworks such as DORA and NIST 800-53, but CPS 234 is not named in those lists. A CPS 234 program would therefore use a custom framework, with controls mapped from ISO 27001 or built from the CPS 234 requirements directly. Buyers should confirm the custom framework cost before they sign.

8

LogicGate

Best for Teams building custom risk workflows

Website: https://www.logicgate.com

Best for: Teams building custom risk workflows

Starting price: quote only

Free plan: No

Pros: No-code Risk Cloud applications for risk, controls, audit, and third-party risk; Standard and External Users carry no extra license cost

Cons: Pricing is quote only and modular, so costs rise as applications are added; Building the program needs a dedicated owner and configuration time

LogicGate Risk Cloud is a configurable GRC platform, not a fixed compliance template. Teams use its no-code builder to create applications for enterprise risk, IT risk, third-party risk, controls compliance, internal audit, policy management, and regulatory compliance. That flexibility suits an APRA-regulated entity with a defined CPS 234 process, because the team can build the exact workflow it needs for asset classification, control testing, issue management, and APRA notification.

The cost of that flexibility is configuration. Pricing is quote based and modular, with customers paying for selected applications and Power User licenses, plus optional features and services. Implementation typically takes several weeks to a few months, depending on how many applications are built. A team without a dedicated owner will underuse the platform, so budget for that role as well as the licence.

9

Camms

Best for Australian public sector and APAC regulated teams

Website: https://cammsgroup.com

Best for: Australian public sector and APAC regulated teams

Starting price: quote only

Free plan: No

Pros: Australian vendor with strong APAC and public-sector presence; Risk, compliance, audit, and strategy planning in one platform

Cons: Pricing is quote only, with no list price on the vendor site; The focus is broad GRC, so evidence automation for CPS 234 control testing is less central than in compliance automation tools

Camms, now part of Riskonnect, is an Australian GRC vendor with a long presence in government, public sector, and regulated industries across APAC. Its platform links risk management to strategic planning and performance management, with risk registers, compliance obligations, audit, incidents, and reporting in one place. That breadth suits a regulated entity that wants its CPS 234 program tied to enterprise risk and board reporting, rather than run as a separate compliance project.

For CPS 234 specifically, Camms is a broad GRC platform first and a compliance automation tool second. It covers governance, risk, and reporting well, but buyers who want continuous evidence collection, automated control testing, and a pre-built CPS 234 control set should check what is included and what needs configuration. Pricing is quote only, scaled by modules, user count, and deployment complexity.

What to check before you buy

Check CPS 234 coverage in writing before you sign. Ask the vendor to show the CPS 234 control set, or the custom framework build, and to confirm how each of the nine requirement areas is covered: roles and responsibilities, information security capability, policy framework, information asset identification and classification, implementation of controls, incident management, testing control effectiveness, internal audit, and APRA notification. Ask how control testing is scheduled, who signs off the results, and how internal audit can review the evidence without asking for screenshots by email. Ask how third parties are assessed, because CPS 234 covers information assets managed by related parties and third parties, and the assessment must happen before the arrangement and through its life.

Check the full first-year cost, not just the subscription. Ask for the quote in writing, with the plan, the frameworks, the employee or user band, and any add-on modules named. Ask what the external auditor will charge, because that fee is separate from the software, and ask what implementation, data migration, and training will cost. Ask about renewal terms, including whether a first-year discount lapses at renewal and whether the price is capped.

Use this decision table to narrow the shortlist by team size and budget.

Team size and budgetBest fitWhy
1 to 20 staff, under $25,000 per yearStrike Graph Certify, or 6clicksPublished pricing or a pre-built CPS 234 framework at a lower entry point
21 to 100 staff, $25,000 to $60,000 per yearVanta, Drata, or SecureframeCompliance automation with continuous monitoring and a named quote
101 to 500 staff, $60,000 to $150,000 per yearHyperproof or LogicGateMulti-framework mapping and configurable risk workflows
Over 500 staff, or a group with several regulated entitiesCamms, LogicGate, or 6clicksBroad GRC, board reporting, and multi-entity or advisor models

FAQ

What is CPS 234?

CPS 234 is APRA Prudential Standard on information security, in force since 1 July 2019. It applies to all APRA-regulated entities, including banks, insurers, and superannuation trustees, and it covers information assets managed by third parties as well as the entity itself. It requires security capability that matches the threat level, asset classification, controls, testing, internal audit, and prompt APRA notification.

Does ISO 27001 certification make a team CPS 234 compliant?

No, ISO 27001 certification does not make a team CPS 234 compliant on its own. The two standards overlap, and ISO 27001 controls help with CPS 234, but CPS 234 is a separate APRA standard with its own requirements for roles, asset classification, control testing, internal audit, and APRA notification. A tool should map the overlap, but the CPS 234 program still needs its own evidence and sign-off.

How long does CPS 234 compliance take?

Timelines vary by scope and maturity, and most teams should plan for 60 to 210 days for a first program, based on published CPS 234 guides. A team with ISO 27001 in place and clean asset records will move faster, while a team starting from spreadsheets will need more time for asset discovery, control design, testing, and remediation. Software shortens the evidence work, but it does not remove the need for testing and audit.

What should a CPS 234 tool do first?

A CPS 234 tool should first record information assets and classify them by criticality and sensitivity, because controls, testing, and third-party assessments all follow from that classification. It should then map controls to each CPS 234 requirement, schedule control testing, track issues to closure, and record incident decisions with dates. Without asset classification, the rest of the program has no anchor.

How much does CPS 234 compliance software cost?

Most tools in this comparison are quote only, so buyers should expect five-figure annual contracts for compliance automation and higher sums for enterprise GRC. Strike Graph publishes Certify from $21,500 per year, which is the only vendor list price we could confirm on the day. External audit fees, implementation, and extra frameworks sit outside the subscription, so ask for a written quote that names every line.

Sources we checked

  • 6clicks: https://www.6clicks.com/resources/blog/6clicks-msps-financial-services-compliance
  • Vanta: https://www.vanta.com/pricing
  • Drata: https://drata.com/pricing
  • Secureframe: https://secureframe.com/pricing
  • Hyperproof: https://hyperproof.io/pricing
  • Strike Graph: https://www.strikegraph.com/pricing
  • LogicGate: https://www.logicgate.com/pricing
  • Camms: https://cammsgroup.com/solutions/governance-risk-compliance-software/
How we score

Need the method behind these picks?

We publish the criteria and the weights, so you can disagree with them.

The best CPS 234 compliance software#1 PICK