8 unchanged sentences
Our information technology and cybersecurity function is headed by our Chief Administrative Officer , or CAO, and Vice President of Information Technology, who are responsible for managerial oversight of our cybersecurity program.
−Removed: Our CAO reports directly to our Chief Executive Officer and our Vice President of Information Technology reports directly to our CAO.
+Added: Our CAO reports directly to our Chief Executive Officer and our Vice President of Information Technology reports directly to our CAO and has over 15 years of experience in cybersecurity.
We utilize a layered approach in assessing, identifying, evaluating and managing material risks from cybersecurity threats, and leverage outside partners to gain intelligence on threats.
+Added: Highlighted risks are integrated into our Enterprise Risk Management process.
We take input from industry activities, third party assessments and internal simulations and continuously adjust our protection mechanisms to be effective.
4 unchanged sentences
In the event an incident were to occur, a Security Incident Response Team would be convened that consists of members from many functions, including legal counsel, the Vice President of Information Technology and the CAO.
−Removed: Pacira BioSciences, Inc.
−Removed: | 2023 Form 10-K | Page 70
−Removed: Table of Content s
Our board of directors has the ultimate oversight of the Company’s risks—including cybersecurity risks—with our Audit Committee assisting the board in their oversight of cyber and information security risks.
Members of management that possess information security certifications and many years of experience work with our legal, finance and corporate governance functions to identify, define and report cybersecurity risks, policies and procedures and incident response plans.
−Removed: The Audit Committee receives updates on our cybersecurity program from management on a quarterly basis and more frequently as determined to be necessary or advisable.
+Added: The Audit Committee receives updates on our cybersecurity program from management on a quarterly basis and more frequently as determined to be necessary or advisable, and the full board receives a cybersecurity program update at least annually.
Updates to the Audit Committee include policies, processes, procedures and any significant developments related to the identification, mitigation and remediation of cybersecurity risks, as well as effectiveness and changes in our ability to monitor, protect, detect and respond to incidents, risk reviews and industry news briefings.
1 unchanged sentence
Finally, in the event a material cybersecurity incident were to occur, the CAO and Vice President of Information Technology would brief the Audit Committee which would then be responsible for assessing the materiality of the incident and making the determination of materiality and any related disclosure.
−Removed: We face a number of cybersecurity risks in connection with our business.
+Added: We face a number of cybersecurity risks and threats in connection with our business.
Although we have numerous controls to protect against common attacks, some attacks may still be effective.
4 unchanged sentences
Risk Factors and the subsection titled Risks Related to Information Technology, Cybersecurity and Data Privacy.
+Added: Pacira BioSciences, Inc.
+Added: | 2024 Annual Report on Form 10-K | Page 71
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.