Disclosed herein are an apparatus and method for managing cache memory. The apparatus includes one or more processors and executable memory for storing at least one program executed by the one or more processors. The at least one program reads an s1-tag and an s2-tag of cache memory upon receiving an access request address for reading data in response to a request to access the cache memory, checks whether the access request address matches the value of the s1-tag and the value of the s2-tag, and reads the data from data memory when the access request address matches all of the value of the s1-tag and the value of the s2-tag.