Power & Digital Infrastructure Acquisition II Corp. 10-K Cybersecurity GRC - 2024-03-11

Page last updated on July 16, 2024

Power & Digital Infrastructure Acquisition II Corp. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-11 16:01:43 EDT.

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10-K filed on 2024-03-11

Power & Digital Infrastructure Acquisition II Corp. filed a 10-K at 2024-03-11 16:01:43 EDT
Accession Number: 0001213900-24-021392

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Item 1C. Cybersecurity.

Item 1C. Cybersecurity As a blank check company, we have no operations and therefore do not have any operations of our own that face cybersecurity threats. Since our IPO, our sole business activity has been identifying and evaluating suitable acquisition transaction candidates. Therefore, we do not consider that we face significant cybersecurity risk and have not adopted any cybersecurity risk management program or formal processes for assessing cybersecurity risk. However, we do depend on the digital technologies of third parties, and as noted in Item 1A. Risk Factors of this Form 10-K, any sophisticated and deliberate attacks on, or security breaches in, systems or infrastructure or the cloud that we utilize, including those of third parties, could lead to corruption or misappropriation of our assets, proprietary information and sensitive or confidential data. Because of our reliance on the technologies of third parties, we also depend upon the personnel and the processes of third parties to protect against cybersecurity threats, and we have no personnel or processes of our own for this purpose. Our board of directors oversees risk for our Company, and prior to filings with the SEC, our board of directors reviews our risk factors, including the descriptions of the risks we face from cybersecurity threats, as described in Item 1A. Risk Factors of this Form 10-K. In fiscal year 2023, we did not identify any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition.

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