Rivulet Entertainment, Inc. 10-K Cybersecurity GRC - 2024-11-08

Page last updated on November 12, 2024

Rivulet Entertainment, Inc. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-11-08 18:07:45 EST.

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10-K filed on 2024-11-08

Rivulet Entertainment, Inc. filed a 10-K at 2024-11-08 18:07:45 EST
Accession Number: 0001376474-24-000658

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Item 1C. Cybersecurity.

Item 1C. Cybersecurity Risk Management and Strategy Rivulet Entertainment, Inc. recognizes the critical importance of developing, implementing, and maintaining robust cybersecurity measures to safeguard our information systems and protect the confidentiality, integrity, and availability of our data. Managing Material Risks & Integrated Overall Risk Management Currently, the Company does not have a formalized cybersecurity risk management process. However, the organization is working toward implementing a framework for assessing, identifying, and managing material risks from cybersecurity threats. This includes assessing cybersecurity risk as part of an overall risk assessment and considering the likelihood and potential consequences of each risk. Plans also include the identification of critical cybersecurity risks (e.g., malware, phishing, ransomware, and unauthorized access) and the implementation of formalized mitigants to address those risks such as cybersecurity policies and incident response strategy. Third-Party Risk The Company does not currently engage with third parties in connection with cybersecurity risk management. Third-party consultants including cybersecurity auditors are being considered for future engagement, at which point any risks stemming from the use of third parties will be incorporated into the cybersecurity risk assessment. Risks from Cybersecurity Threats The Company has not encountered any cybersecurity risks or incidents that have materially impacted our business strategy, operational results, or financial condition. We remain dedicated to maintaining a strong cybersecurity position by continually analyzing and improving our security procedures to reduce potential risks. This approach to cybersecurity is critical for protecting sensitive information and guaranteeing the reliability of our business operations. Governance Director Oversight Currently, Walter Geldenhuys, president and chief executive officer, is the Company’s sole director. Mr. Geldenhuys is committed to effective governance in managing risks associated with cybersecurity threats because he recognizes the significance of these threats to the Company’s operational integrity and stakeholder confidence. As Mr. Geldenhuys is the sole director and the Company has minimal employees, he is made aware of relevant cybersecurity risks and related updates on an ongoing and real time basis. To that extent, there have been no critical or time sensitive cybersecurity updates thus far. Management’s Role Managing Risk Within the management team, the responsibility for assessing and managing cybersecurity risk falls under the purview of Mr. Geldenhuys, whose background includes running a technology Company. Monitoring Cybersecurity Incidents As noted above, Mr. Geldenhuys is the sole Director of Rivulet Entertainment and the Company currently has a limited number of employees. As such, Mr. Geldenhuys personally monitors cybersecurity events and logs for unusual activity or potential security breaches within the network. E-mail alerts are sent in real time as notification for any suspicious activity including phishing attempts, suspicious attachments, and other e-mail-related security concerns. 3 Reporting to Board of Directors As discussed above, Mr. Geldenhuys is currently the Company’s sole director. Thus, he is either aware or made aware of the Company’s material risks from cybersecurity threats. To that extent, the Company is not aware of any material risks from cybersecurity events at this time.

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