PROGRESS SOFTWARE CORP /MA 10-K Cybersecurity GRC - 2024-01-26

Page last updated on August 24, 2025

PROGRESS SOFTWARE CORP /MA reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-01-26 16:18:44 EST.

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10-K filed on 2024-01-26

PROGRESS SOFTWARE CORP /MA filed a 10-K at 2024-01-26 16:18:44 EST
Accession Number: 0000876167-24-000031

Item 1C. Cybersecurity.

Not applicable.

Item 1A. Risk Factors.

Catastrophic events, including but not limited to cyber events, may disrupt our business.

We rely on our network infrastructure and enterprise applications, internal technology systems and website for our development, marketing, operations, support and sales activities. In addition, we rely on third-party hosted services, and we do not control the operation of third-party data center facilities, which increases our vulnerability. A disruption, infiltration or failure of these systems or third-party hosted services in the event of a major earthquake, fire, flood, tsunami or other weather event, power loss, telecommunications failure, software or hardware malfunctions, pandemics, cyber-attack or other similar interruptions to our business, war, terrorist attack or other catastrophic event that our disaster recovery plans do not adequately address, could cause system interruptions, reputational harm, loss of intellectual property, delays in our product development, lengthy interruptions in our services, breaches of data security and loss, destruction, misappropriation or corruption of critical company or customer data. A catastrophic event including a cyber event a war or an act of terrorism that results in the loss, destruction, misappropriation, corruption or disruption of any of our data, our customer’s data or our data centers or our critical business or information technology systems could severely affect our ability to conduct normal business operations and, as a result, our future operating results could be adversely affected, and the adverse effects of any such catastrophic event would be exacerbated if experienced at the same time as another unexpected and adverse event.

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