22 unchanged sentences
however, the occurrence or scope of such events is not always immediately apparent and there can be no assurance that we will not suffer a material cyber incident in the future.
−Removed: Refer to Item 1A "Risk Factors" of this Annual Report for further discussion on cybersecurity risks.
+Added: Refer to Part 1, Item 1A "Risk Factors" of this Annual Report for further discussion on cybersecurity risks.
The board of directors, as a whole, has oversight responsibility for our strategic and operational risks.
1 unchanged sentence
In turn, the audit committee periodically reports on its review to the full board of directors.
−Removed: Our Chief Information Officer (CIO) meets at a regular cadence with a member of the board of directors who is the board’s cybersecurity designee.
+Added: Our Chief Information Officer (the "CIO") meets at a regular cadence with a member of the board of directors who is the board’s cybersecurity designee.
The CIO also briefs the audit committee on the effectiveness of Wolfspeed's cyber risk management program quarterly or in accordance with significant events.
In addition, the board of directors is advised by our CIO on Wolfspeed's cybersecurity risk exposures and steps taken to monitor and mitigate cybersecurity risks.
−Removed: Wolfspeed’s Senior Director of Information Security leads our InfoSec GRC organization and is responsible for the implementation, operation, and monitoring of our cybersecurity risk management program.
−Removed: Our Senior Director of Information Security reports to the CIO, who reports to the Executive Vice President, Chief Financial Officer.
−Removed: The Senior Director of Information Security has over 16 years of experience in the cybersecurity space and has completed advanced training in the fields of cybersecurity and technology.
+Added: Wolfspeed’s VP, Chief Information Security Officer (the "CISO"), with over 25 years of experience in Fortune 500 companies including in aspects of IT, infrastructure, information security including multiple CISO roles, and certifications across IT and information security, leads our InfoSec GRC organization and is responsible for the implementation, operation, and monitoring of our cybersecurity risk management program.
+Added: Our CISO reports to the CIO, who reports to the Chief Executive Officer.
Responsible for assessing and managing our cyber risk management program, the InfoSec GRC organization is comprised of multiple teams that address and respond to cyber risk related to identification and access management, data protection, security architecture and engineering, security operations, insider threat, and cyber defense.
3 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.