4 unchanged sentences
We routinely assess material risks from cybersecurity threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein.
−Removed: Fiscal 2024 Form 10-K
We conduct periodic risk assessments to identify cybersecurity threats, as well as assessments in the event of a material change in our business practices that may affect information systems that are vulnerable to such cybersecurity threats.
−Removed: These risk assessments include identification of reasonably foreseeable internal and external risks, the likelihood and potential damage that could result from such risks, and the sufficiency of existing policies, procedures, systems, and safeguards in place to manage such risks.
+Added: These risk assessments include identification of reasonably foreseeable internal and
+Added: Fiscal 2025 Form 10-K
+Added: external risks, the likelihood and potential damage that could result from such risks, and the sufficiency of existing policies, procedures, systems, and safeguards in place to manage such risks.
Following these risk assessments, we evaluate whether and how to re-design, implement, and maintain reasonable safeguards to minimize identified risks;
1 unchanged sentence
and regularly monitor the effectiveness of our safeguards.
−Removed: We devote resources and designate high-level personnel, including our Vice President and Head of Information Technology who reports to our Chief Operating Officer, to manage the risk assessment and mitigation process.
+Added: We devote resources and designate high-level personnel, including our Head of Information Technology who reports to our Chief Operating Officer, to manage the risk assessment and mitigation process.
As part of our overall risk management system, we monitor and test our safeguards, including through annual third-party vulnerability assessments.
2 unchanged sentences
We engage assessors, consultants, auditors, or other third parties in connection with our risk assessment processes.
−Removed: These service providers assist us in designing and implement our cybersecurity policies and procedures, as well as to monitor and test our safeguards.
+Added: These service providers assist us with the design and implementation of our cybersecurity policies and procedures, as well as in monitoring and testing our safeguards.
We have established procedures to evaluate and respond to cybersecurity incidents, including cybersecurity incidents at third-party service providers which have a potential to impact our data and systems.
4 unchanged sentences
Our board of directors is responsible for monitoring and assessing strategic risk exposure, and our executive officers are responsible for the day-to-day management of the material risks we face.
−Removed: Our board of directors administers its cybersecurity risk oversight function directly as a whole, as well as through the audit committee.
−Removed: Our Vice President and Head of Information Technology and our cyber committee, which includes Facilities, HR, IT, Legal, and Management , are primarily responsible to assess and manage our material risks from cybersecurity threats.
−Removed: Our Vice President and Head of Information Technology has years of cybersecurity experience and expertise including holding numerous applicable cybersecurity certifications, such as ISC2 Certified Information Systems Security Professional (CISSP).
−Removed: Our Vice President and Head of Information Technology and our management committee on cybersecurity oversee our cybersecurity policies and processes, including those described in “Risk Management and Strategy” above.
−Removed: Our Vice President and Head of Information Technology is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents by leading cybersecurity risk management and working directly with our IT team.
−Removed: Our Vice President and Head of Information Technology also provides appropriate information and updates to our management committee on cybersecurity.
−Removed: Our Vice President and Head of Information Technology and representatives from our management committee on cybersecurity provide annual briefings to the audit committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like.
−Removed: Our audit committee provides regular updates to the board of directors on such reports.
−Removed: Fiscal 2024 Form 10-K
+Added: Our board of directors administers its cybersecurity risk oversight function directly as a whole, as well as through the corporate governance and nominating committee.
+Added: Our Head of Information Technology and our cyber committee, which includes Facilities, HR, IT, Software, Legal, and Management , are primarily responsible to assess and manage our material risks from cybersecurity threats.
+Added: Our Head of Information Technology and our management committee on cybersecurity oversee our cybersecurity policies and processes, including those described in “Risk Management and Strategy” above.
+Added: Our Head of Information Technology is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents by leading cybersecurity risk management and working directly with our IT team.
+Added: Our Head of Information Technology also provides appropriate information and updates to our management committee on cybersecurity.
+Added: Our Head of Information Technology and representatives from our management committee on cybersecurity provide annual briefings to the audit committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like.
+Added: Our corporate governance and nominating committee provides regular updates to the board of directors on such reports.
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.