CF Acquisition Corp. VII 10-K Cybersecurity GRC - 2024-03-28

Page last updated on July 16, 2024

CF Acquisition Corp. VII reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-28 20:24:36 EDT.

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10-K filed on 2024-03-28

CF Acquisition Corp. VII filed a 10-K at 2024-03-28 20:24:36 EDT
Accession Number: 0001213900-24-027511

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Item 1C. Cybersecurity.

Item 1C. Cybersecurity. As a blank check company, we do not have any operations and our sole business activity has been to search for and consummate an initial business combination. However, because the assets in our trust account are held in a demand deposit account at a bank and we also depend on the digital technologies of third parties, we and third parties may be subject to attacks on or security breaches in our or their systems. 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 and audit committee oversee risk for our company and are generally responsible for the oversight of risks from cybersecurity threats. Our management will promptly report to our board and audit committee any cybersecurity incidents impacting us and the measures that may be taken to mitigate such incidents. In the event of a cybersecurity incident, we intend to follow an incident response plan, which outlines the steps to be followed from incident identification, mitigation, recovery and notification to legal counsel and our board and audit committee. It is possible that the occurrence of any cybersecurity incidents, or a combination of them, could lead to corruption or misappropriation of our assets, proprietary information and sensitive or confidential data and could have a material adverse effect on our business, financial condition or reputation. We have not encountered any cybersecurity incidents since our initial public offering.

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