Item 1B. Unresolved Staff Comments
Item
1B. Unresolved Staff Comments
This
information is not required for smaller reporting companies.
Item
1C. Cybersecurity
As
a technology and communications company that globally transmits large amounts of information over our networks, we recognize the critical
importance of maintaining the security and integrity of information and systems under our control. We view cybersecurity risk as one
of our principal enterprise-wide risks, subject to control and monitoring at various levels of management throughout our company. We
dedicate resources commensurate with our risk profile and business size to programs designed to identify, assess, manage, mitigate and
respond to cybersecurity threats.
As
described in Item 1A “Risk Factors,” several features of our operations heighten our susceptibility to cyber-attacks, including
(i) our material reliance on systems owned, operated or controlled by unaffiliated third-party operators and (ii) our processing and
storage of large amounts of sensitive customer data. Cyber-attacks on our systems may be initiated by a wide variety of intruders, including
employees, cyber-criminals, nation state actors and other advanced persistent threat actors, and may include attempts by outside parties
to gain access to sensitive data that is stored in or transmitted across our network. Cyber-attacks can take many forms, including computer
hackings, computer viruses, ransomware, worms or other destructive or disruptive software, denial of service attacks, or other malicious
activities.
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We
have implemented cybersecurity risk management procedures, in accordance with our risk profile and business size. We rely on our information
technology to operate our business. As such, we have policies and processes designed to protect our information technology systems, some
of which are managed by third parties, and resolve issues in a timely manner in the event of a cybersecurity threat or incident.
We
have designed our business applications to minimize the impact that cybersecurity incidents could have on our business and have identified
back-up systems where appropriate. We seek to further mitigate cybersecurity risks through a combination of monitoring and detection
activities, use of anti-malware applications, employee training, quality audits and communication and reporting structures, among other
processes. We have a trained group of people to carry out the activities of monitoring and detection of cybersecurity threats and respond
to any cybersecurity threats or incidents. The Head of IT department is responsible for oversight of cybersecurity risks and addressing
potential cybersecurity risks to business programs, employees, clients, vendors and partners. The Head of IT Department reports to our
Chief Executive Officer who reports to the Audit Committee at the board-level, as appropriate.
As
of December 31, 2024, we have not identified an indication of a cybersecurity incident that would have a material impact on our business
and consolidated financial statements.
Item
2. Properties
The
disclosures concerning our properties are contained in Item 1 Business above and incorporated herein by reference.
Item
3. Legal Proceedings
We
have no current legal proceedings.
Item
4. Mine Safety Disclosures
Not
applicable.
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PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.