6 unchanged sentences
Weatherford’s cybersecurity program has been developed by the CIO and the information security team with oversight from our Board of Directors and in coordination with key members of our finance, assurance and legal teams.
−Removed: The information security team is comprised of specialists with a mix of government and public-sector cybersecurity experience, combined, they have years of experience selecting, deploying and operating cybersecurity technologies and initiatives globally.
+Added: The information security team is comprised of specialists with a mix of government and public-sector cybersecurity experience.
+Added: Combined, they have years of experience selecting, deploying and operating cybersecurity technologies and initiatives globally, including our CIO, who has over 25 years of experience in engineering and information technology.
Many of our professionals hold university degrees in cybersecurity, information technology, management of information systems and related fields, along with industry-recognized certifications such as CISSP, CASP+, CEH and other related certifications.
2 unchanged sentences
Information security is a key part of the Company’s Enterprise Risk Management (“ERM”) program, which is designed to identify and evaluate potentially material risks, the potential impact of these risks on the enterprise, as well as steps to control and mitigate those risks.
−Removed: The Company has established an ERM Committee that meets regularly to evaluate risks and coordinate a
−Removed: Weatherford International plc – 2024 Form 10-K | 20
−Removed: Table of Contents Item 1B through Item 4 | Unresolved Staff Comments through Mine Safety
−Removed: consistent approach to risk mitigation across the enterprise, including risks related to cybersecurity.
+Added: The Company has established an ERM Committee that meets regularly to evaluate risks and coordinate a consistent approach to risk mitigation across the enterprise, including risks related to cybersecurity.
The ERM Committee is comprised of certain members of our cross-functional executive leadership team.
14 unchanged sentences
Weatherford has made significant investments in cyber protection systems, including by engaging third party service providers to actively search and monitor information systems for vulnerabilities through penetration testing and other means.
−Removed: In addition, we use a comprehensive suite of cybersecurity tools and software, aligned with government and industry best practices, including multi-factor authentication, complex passwords and advanced security controls, across all major Weatherford systems in an effort to strengthen defenses and prevent unauthorized access.
+Added: In addition, we use a comprehensive suite of cybersecurity tools and software, aligned with government and industry best practices,
+Added: Weatherford International plc – 2025 Form 10-K | 20
+Added: Table of Contents Item 1B through Item 4 | Unresolved Staff Comments through Mine Safety
+Added: including multi-factor authentication, complex passwords and advanced security controls, across all major Weatherford systems in an effort to strengthen defenses and prevent unauthorized access.
Weatherford personnel conduct risk assessments on third-party products and platforms through a structured checklist-based review and interview process that aim to validate implemented security controls and mitigate risk to our organization.
11 unchanged sentences
Because we employ a prevention-based improvement cycle that requires the response team for each threat or incident to consider the root cause of the issue and any lessons learned throughout the response process, we strive to make corrections and improvements in our policies and procedures that are designed to safeguard against future threats.
−Removed: Weatherford International plc – 2024 Form 10-K | 21
−Removed: Table of Contents Item 1B through Item 4 | Unresolved Staff Comments through Mine Safety
While we believe our approach to cybersecurity is reasonable, given the rapidly evolving nature of cybersecurity incidents, there can be no assurance that the controls we have designed and implemented will be sufficient in preventing future incidents or attacks.
2 unchanged sentences
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.