Atea Pharmaceuticals, Inc. 10-K Cybersecurity GRC - 2024-02-28

Page last updated on July 16, 2024

Atea Pharmaceuticals, Inc. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-02-28 17:00:38 EST.

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10-K filed on 2024-02-28

Atea Pharmaceuticals, Inc. filed a 10-K at 2024-02-28 17:00:38 EST
Accession Number: 0000950170-24-022226

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Item 1C. Cybersecurity.

Item 1C. Cybers e curity. Cybersecurity Risk Management and Strategy We have developed and implemented a cybersecurity risk management program intended to protect the confidentiality, integrity, and availability of our critical systems and information. Our cybersecurity risk management program includes a cybersecurity incident response plan. We design and assess our program based on the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF). This does not imply that we meet any particular technical standards, specifications, or requirements, only that we use the NIST CSF as a guide to help us identify, assess, and manage cybersecurity risks relevant to our business. Our cybersecurity risk management program is integrated into our overall enterprise risk management program, and shares common methodologies, reporting channels and governance processes that apply across the enterprise risk management program to other legal, compliance, strategic, operational, and financial risk areas. Our cybersecurity risk management program includes: - risk assessments designed to help identify material cybersecurity risks to our critical systems, information, products, services, and our broader enterprise information technology (“IT”) environment; - a security team principally responsible for managing (1) our cybersecurity risk assessment processes, (2) our security controls, and (3) our response to cybersecurity incidents; - the use of external service providers, where appropriate, to assess, test or otherwise assist with aspects of our security controls; - cybersecurity awareness training of our employees, incident response personnel, and senior management; - a cybersecurity incident response plan that includes procedures for responding to cybersecurity incidents; and - a third-party risk management process for certain service providers, suppliers, and vendors that have access to our critical systems and information. We have not identified risks from known cybersecurity threats, including as a result of any prior cybersecurity incidents, that have materially affected or are reasonably likely to materially affect us, including our operations, business strategy, results of operations, or financial condition. For more information, see the section titled " Risk Factors - Our business and operations may suffer in the event of information technology system failures, cyberattacks, or deficiencies, which could materially affect our results. " Cybersecurity Governance Our Board considers cybersecurity risk as part of its risk oversight function and has delegated to the Audit Committee (the “Audit Committee”) oversight of cybersecurity and other IT risks. The Committee oversees management’s implementation of our cybersecurity risk management program. The Audit Committee receives periodic reports from management on our cybersecurity risks and would be notified between such regular updates regarding any significant cybersecurity threat or incident, if applicable. The Audit Committee reports to the full Board regarding its activities, including those related to cybersecurity. 122 Our IT team, which includes both our internal staff and retained consultants with IT and cybersecurity expertise, is led by our executive director of IT. The IT team has responsibility for, among other things, developing and implementing practices, procedures and controls designed to identify, assess and manage cybersecurity programs and risks. The IT team supervises efforts to prevent, detect, mitigate, and remediate cybersecurity risks and incidents through various means, which may include briefings from internal security personnel; threat intelligence and other information obtained from governmental, public or private sources, including external consultants engaged by us; and alerts and reports produced by security tools deployed in the IT environment. Our IT team is supplemented by a security committee, comprised of representatives from key functional areas of our business and includes both our CFO and our Sr. VP of Human Resources to whom the executive director of IT reports. Combined, members of our security committee and our internal IT team have more than 25 years of risk management experience, including with respect to IT and cybersecurity systems.

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