1 unchanged sentence
Cybersecurity
−Removed: Bel employs a full-time Cyber Security Expert who reports directly into our Senior Director of Global IT Services.
−Removed: During 2023, the Company worked with third-party cybersecurity companies to continually enhance the programs Bel has in place.
+Added: Bel employs a full-time Cybersecurity Expert who reports directly into our Global Head of IT and Cybersecurity Services.
+Added: During 2024, the Company worked with third-party cybersecurity specialists to continually enhance the programs Bel has in place.
These relationships involve regular communication and collaboration between the Bel cybersecurity team and our third-party providers to share threat intelligence and implement proactive measures to safeguard our systems and data.
7 unchanged sentences
The Audit Committee of the Board of Directors is responsible for overseeing the management of cybersecurity risks.
−Removed: The Audit Committee is informed about cybersecurity risks through quarterly reports from the Senior Director of Global IT Services and, as necessary, to the full Board.
−Removed: The Audit Committee also reviews and approves the company’s cybersecurity policies and the Company’s Senior Director of Global IT Services is responsible for developing and implementing our information security program and reporting on cybersecurity matters to the Board.
+Added: The Audit Committee is informed about cybersecurity risks through quarterly reports from the Global Head of IT and Cybersecurity Services and, as necessary, to the full Board.
+Added: The Audit Committee also reviews and approves the company’s cybersecurity policies and the Company’s Global Head of IT and Cybersecurity Services is responsible for developing and implementing our information security program and reporting on cybersecurity matters to the Board.
This includes our overall information security strategy, policy, security engineering, operations and cyber incident detection and response reporting in alignment with Company policies.
−Removed: The current Senior Director of Global IT Services has more than 15 years of information technology and program management experience which includes information security, and others on our IT security team have years of cybersecurity experience and certifications.
+Added: The current Global Head of IT and Cybersecurity Services has more than 16 years of information technology and program management experience which includes information security, and others on our IT security team have extensive cybersecurity experience and certifications.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.