Direct Selling Acquisition Corp. 10-K Cybersecurity GRC - 2024-04-01

Page last updated on July 16, 2024

Direct Selling Acquisition Corp. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-04-01 17:20:57 EDT.

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10-K filed on 2024-04-01

Direct Selling Acquisition Corp. filed a 10-K at 2024-04-01 17:20:57 EDT
Accession Number: 0001193125-24-083603

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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 material cybersecurity threats. However, we do depend on the digital technologies of third parties, including information systems, infrastructure and cloud applications and services, 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. In the event of a cybersecurity incident impacting us, the management team will report to the board of directors and provide updates on the management team’s incident response plan for addressing and mitigating any risks associated with such an incident. As an early-stage company without significant investments in data security protection, we may not be sufficiently protected against such occurrences. We also lack sufficient resources to adequately protect against, or to investigate and remediate any vulnerability to, cyber incidents. It is possible that any of these occurrences, or a combination of them, could have material adverse consequences on our business and lead to financial loss.

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