Blue Chip Capital Group Inc. 10-K Cybersecurity GRC - 2024-11-20

Page last updated on November 20, 2024

Blue Chip Capital Group Inc. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-11-20 15:46:22 EST.

Filings

10-K filed on 2024-11-20

Blue Chip Capital Group Inc. filed a 10-K at 2024-11-20 15:46:22 EST
Accession Number: 0001493152-24-046973

Note: filing items unformatted. Drop us a note with the above URL to help us prioritize formatting it!

Item 1C. Cybersecurity.

Item 1C. Cybersecurity. The SEC mandates through Item 106 of Regulation S-K that public companies, such as Blue Chip Capital Group, Inc. must acknowledge the financial implications of cybersecurity risks in their disclosures. This requirement stems from the understanding that cyber incidents can lead to significant material costs, affecting a company’s financial condition and, consequently, its investors. The Company believes that at this stage of its development, with no active operations being conducted other than start-up activities principally related to the Raisewise subsidiaries’ initial compliance with registration and regulatory protocols, it is not exposed to cybersecurity risks. If and when it completes its acquisition of U.S. Petrochemical Industries, Inc., a supplier of raw materials to the Petrochemical industry globally in over 30 countries and has several international offices, the Company intends to engage professional cybersecurity professionals to assess the related risks and make full regulatory mandated disclosure in its SEC filings under the Exchange Act.

Company Information