IR-Med, Inc. 10-K Cybersecurity GRC - 2024-04-08

Page last updated on July 16, 2024

IR-Med, Inc. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-04-08 07:30:49 EDT.

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10-K filed on 2024-04-08

IR-Med, Inc. filed a 10-K at 2024-04-08 07:30:49 EDT
Accession Number: 0001493152-24-013411

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Item 1C. Cybersecurity.

ITEM 1C. CYBERSECURITY Our Board of Directors and management recognize the critical importance of maintaining the trust and confidence of our customers, clients, business partners and employees. In general, we seek to address cybersecurity risks through a cross-functional approach that is focused on preserving the confidentiality, security and availability of the information that we collect and store by identifying, preventing and mitigating cybersecurity threats and effectively responding to cybersecurity incidents when they occur. Our cybersecurity risk management efforts include: ● risk assessments designed to help identify material cybersecurity risks to our critical systems, information, products, services and our broader enterprise IT environment; ● an IT team principally responsible for managing (1) our cybersecurity risk assessment processes, (2) our security controls, and (3) our response to cybersecurity incidents; and ● a cybersecurity incident response plan that includes procedures for responding to cybersecurity incidents. Cybersecurity Governance Our Board of Directors considers cybersecurity risks as part of its risk oversight function and oversees management’s implementation of our cybersecurity risk management efforts. Management updates our Board of Directors, as necessary, regarding any material cybersecurity incidents, as well as any incidents with lesser impact potential. Our CEO and CFO are responsible for assessing and managing our material risks from cybersecurity threats and our overall cybersecurity risk management efforts and supervising both our internal cybersecurity personnel and our retained external cybersecurity consultants. Our CEO and CFO supervise the efforts to prevent, detect, mitigate and remediate cybersecurity risks and incidents through various means, which include ensuring routine briefings from internal security personnel, obtaining threat intelligence and other information obtained from governmental, public or private sources, including external consultants engaged by us, and providing Company personnel with alerts and reports produced by security tools deployed in the IT environment.

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