1 unchanged sentence
Cybersecurity.
+Added: Risk Management and Strategy
In July 2023, the SEC implemented cybersecurity amendments effective for annual reports with fiscal years ending on or after December 15, 2023, which was effective for Navitas beginning in 2023.
2 unchanged sentences
Our approach to identifying and managing cybersecurity risks involves maintaining an updated firewall, monitored by our director of IT, coupled with annual cybersecurity awareness training for all our employees.
−Removed: We also have email filters to prevent spam and phishing attacks, while anti-virus software on employee computers alerts out IT department to potential threats.
+Added: We also have email filters to prevent spam and phishing attacks, while anti-virus software on employee computers alerts our IT department to potential threats.
We have performed an annual penetration test, conducted by consultants , to ensure the robustness of our cybersecurity.
−Removed: To date, to our knowledge no external entity has successfully breached our system.
If a breach is discovered, the director of IT informs our chief financial officer and chief executive officer, who would then communicate the information to our board of directors.
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.