Unresolved Staff Comments
−Removed: Lam Research Corporation 2024 10-K 24
−Removed: Table of Content
Cybersecurity
15 unchanged sentences
Our Chief Information Security Officer (“CISO”) , who has over 30 years of experience in information security and technology leadership, has primary responsibility for (i) leading our global information security program, (ii) managing the cybersecurity risks identified as part of the ERM program, and (iii) developing, implementing, and enforcing security policies and maintaining information security systems.
−Removed: Our global information security program, led by our CISO, includes dedicated teams specialized in (i) identity access management, (ii) data protection, (iii) incident response, (iv) vulnerability governance, (v) security operations and engineering (vi) governance, risk, and compliance, and (vii) insider risk and intelligence.
+Added: Our global information security program, led by our CISO, includes dedicated teams specialized in (i) identity access management, (ii) incident response, (iii) vulnerability governance, (iv) security operations and engineering (v) governance, risk, and compliance, and (vi) insider risk and intelligence.
The members of the information security team are responsible for managing, maintaining, and monitoring the systems and processes that prevent, detect, mitigate and remediate cybersecurity incidents, and for informing our CISO of status of such systems and processes, as well as any significant incidents.
2 unchanged sentences
In addition, the audit committee is responsible for regularly reporting to the Board on the substance of such reviews and, as necessary, recommending to the Board such actions as it deems appropriate.
−Removed: Our CISO reports on information security risks at least quarterly to the audit committee and at least annually to the Board.
+Added: Our CISO reports on information security risks at least annually to the Board and quarterly to the audit committee or Board.
We experience cybersecurity and other threats and incidents in the course of our operations.
1 unchanged sentence
Furthermore, to date, we have not determined that such threats and incidents are reasonably likely to materially and adversely affect the Company, including our business strategy, results of operations or financial condition.
+Added: Lam Research Corporation 2025 10-K 25
For additional information on certain risks associated with cybersecurity, please refer to “Our Business Relies on Technology, Data, Intellectual Property and Other Sensitive information That is Susceptible to Cybersecurity and Other Threats or Incidents” in Item 1A:
Risk Factors .
−Removed: Lam Research Corporation 2024 10-K 25
−Removed: Table of Content
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.