11 unchanged sentences
compromise, significant data loss or any material financial losses related to cybersecurity attacks, our systems and those of our customers and third‑party service providers are under constant threat, creating the possibility of future events.
−Removed: Risks and exposures related to cybersecurity attacks are expected to remain high for the foreseeable future due to the rapidly evolving nature and sophistication of these
−Removed: threats, as well as due to the expanding use of internet banking, mobile banking and other technology‑based products and services by us and our customers.
+Added: Risks and exposures related to cybersecurity attacks are expected to remain high for the foreseeable future due to the rapidly evolving nature and sophistication of these threats,
+Added: as well as due to the expanding use of internet banking, mobile banking and other technology‑based products and services by us and our customers.
The security and
7 unchanged sentences
We conduct regular employee training on cybersecurity and information security, among other topics.
−Removed: In addition, we consult with outside advisors and experts, when appropriate, on a regular basis to assist with assessing, identifying, and managing cybersecurity risks , including anticipated future threats and trends, and their estimated impact
−Removed: on the Company’s risk environment.
−Removed: Our Director of Information Technology, who reports to the Chief Financial Officer, has over 15 years of experience managing information technology and cybersecurity matters and is experienced in cloud, infrastructure management, business operations, and cybersecurity , and, together
−Removed: with our Information Technology Steering Committee, is responsible for assessing and managing cybersecurity risks.
−Removed: We consider cybersecurity, along with other significant risks that we face, within
−Removed: our overall enterprise risk management framework.
−Removed: We have not identified risks from known cybersecurity threats, including those resulting from prior cybersecurity incidents, that have materially affected us, and we face ongoing cybersecurity risks threats that, if realized, are reasonably likely to materially affect us.
−Removed: Additional information on cybersecurity risks we face
−Removed: is discussed in Part I, Item 1A “Risk Factors.” under the heading “Systems failures, interruptions and cybersecurity breaches in our information technology and telecommunications systems and of third-party service providers could have a material
−Removed: adverse effect on us.”
+Added: In addition, we consult with outside advisors and experts, when appropriate, on a regular basis to assist with assessing, identifying, and managing cybersecurity risks , including anticipated future threats and trends, and their estimated impact on the Company’s risk
+Added: Our Director of Information Technology, who reports to the Chief Financial Officer, has over 15 years of experience managing information technology and cybersecurity matters and is experienced in cloud, infrastructure management, business operations, and cybersecurity ,
+Added: and, together with our Information Technology Steering Committee, is responsible for assessing and managing cybersecurity risks.
+Added: We consider cybersecurity, along with other significant risks that we
+Added: face, within our overall enterprise risk management framework.
+Added: Since the beginning of the last fiscal year, we have not identified risks from known cybersecurity threats, including those resulting from prior cybersecurity incidents, that have materially affected us, and we face ongoing cybersecurity risks threats that, if realized, are reasonably likely to materially affect us.
+Added: Additional information on cybersecurity risks we face is discussed in Part I, Item 1A “Risk Factors.” under the heading “Systems failures, interruptions and cybersecurity breaches in our information technology and telecommunications systems and of
+Added: third-party service providers could have a material adverse effect on us.”
The Board, as a whole and at the committee level, has oversight
for the most significant risks facing us and for our processes to identify, prioritize, assess, manage, and mitigate cybersecurity risks.
−Removed: The Risk and Compliance Committee is a
−Removed: board-level committee designated by our Board to oversee cybersecurity risks.
−Removed: The Risk and Compliance Committee receives updates on cybersecurity matters at least quarterly, and our processes require ad hoc updates within two days of a breach as part of
−Removed: the Bank’s cybersecurity risk management strategy designed to protect the information and assets that are critical to our business.
−Removed: The full Board receives an Annual Report from the Director of Information Technology on the Bank’s Information
−Removed: Technology Systems, including cybersecurity risk.
+Added: The Risk and Compliance Committee is a board-level
+Added: committee designated by our Board to oversee cybersecurity risks.
+Added: The Risk and Compliance Committee receives updates on cybersecurity matters at least quarterly, and our processes require ad hoc updates within two days of a breach as part of the Company’s
+Added: cybersecurity risk management strategy designed to protect the information and assets that are critical to our business.
+Added: The full Board receives an Annual Report from the Director of Information Technology on the Company’s Information Technology
+Added: Systems, including cybersecurity risk.
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.