Risk Factors Dashboard
Once a year, publicly traded companies issue a comprehensive report of their business, called a 10-K. A component mandated in the 10-K is the ‘Risk Factors’ section, where companies disclose any major potential risks that they may face. This dashboard highlights all major changes and additions in new 10K reports, allowing investors to quickly identify new potential risks and opportunities.
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Risk Factors - LRDC
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Not Applicable
Item 1B. Unresolved Staff Comments
Not Applicable
Item 1C. Cybersecurity
We have a range of security measures that are designed to protect against the unauthorized access to and misappropriation of our information, corruption of data, intentional or unintentional disclosure of confidential information, or disruption of operations. We have cloud security tools and governance processes designed to assess, identify, and manage material risks from cybersecurity threats. In addition, we maintain an information security training program designed to address phishing and email security, password security, data handling security, cloud security, operational technology security processes, and cyber-incident response and reporting processes.
We are committed to maintaining the highest standards of cybersecurity to protect our data, intellectual property, and customer information from cyber threats. As part of this commitment, we leverage a sophisticated cybersecurity framework that integrates the robust capabilities of the Microsoft cloud ecosystem. We use an outside third-party cloud provider to provide communication and computer services, including email, internet access and file storage and sharing. We use an outside third-party cloud provider to provide communication and computer services, including email, internet access and file storage and sharing. Access passwords are changed on a regular basis. Access passwords are changed on a regular basis. All employees have received formal training on password controls and on email safety procedures. All employees have received formal training on password controls and on email safety procedures. Our policy requires all employees to send any suspicious emails to our contracted computer expert for evaluation. Our policy requires all employees to send any suspicious emails to our contracted computer expert for evaluation. Access to any sensitive databases is on a limited and need-to-know basis. Access to any sensitive databases is on a limited and need-to-know basis. Should there be a data breach, our board of directors is immediately notified. Should there be a data breach, the board of directors would be immediately notified. As of the filing date of this report, to the best of our knowledge, we have not encountered any cyber security incidents. As of the filing date of this report, there has been no cyber security incident encountered to the best of our knowledge.
The Microsoft cloud ecosystem, including Microsoft 365, Azure, SharePoint Online, Microsoft Defender, and Microsoft InTune, forms the backbone of our cybersecurity infrastructure. These platforms offer advanced security features such as data encryption in transit and at rest, network security controls, identity and access management, and threat protection capabilities. Microsoft’s constant investment in cybersecurity research and development ensures that we benefit from cutting-edge security technologies and practices.
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Recently Filed
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|---|---|
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| BRN | an hour ago |
| LMNR | an hour ago |
| CLBZ | 6 hours ago |
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| BNBX | 3 days, 22 hours ago |
| A | 3 days, 23 hours ago |
| MSBB | 3 days, 23 hours ago |
| OTLK | 4 days ago |
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| NNE | 5 days, 9 hours ago |
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| LIVE | 6 days ago |
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