FLEXPOINT SENSOR SYSTEMS INC 10-K Cybersecurity GRC - 2024-04-08

Page last updated on July 16, 2024

FLEXPOINT SENSOR SYSTEMS INC reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-04-08 16:51:10 EDT.

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10-K filed on 2024-04-08

FLEXPOINT SENSOR SYSTEMS INC filed a 10-K at 2024-04-08 16:51:10 EDT
Accession Number: 0001548123-24-000046

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Item 1C. Cybersecurity.

ITEM 1C. CYBERSECURITY As a Company with a single-officer operation and no formal cybersecurity policies in place, we recognize the importance of safeguarding our digital assets and protecting sensitive information. While we strive to maintain the security of our systems and data, our resources and infrastructure are limited. We rely on basic security measures, such as password protection and firewalls to mitigate potential risks. Given the nature of our operations and size, we may be more susceptible to cybersecurity threats. We acknowledge the possibility of breaches or unauthorized access to our systems, which could result in the loss or compromise of sensitive information. Any such incident could have a material adverse effect on our business, financial condition, and reputation. We are committed to continuously evaluating and enhancing our cybersecurity measures as our business evolves. However, investors should be aware that our current capabilities may not fully address all cybersecurity risks. We encourage investors to consider the inherent risks associated with our limited resources and lack of formal cybersecurity policies when evaluating our Company.

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