AVALON HOLDINGS CORP 10-K Cybersecurity GRC - 2024-03-21

Page last updated on April 11, 2024

AVALON HOLDINGS CORP reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-21 17:01:48 EDT.

Filings

10-K filed on 2024-03-21

AVALON HOLDINGS CORP filed an 10-K at 2024-03-21 17:01:48 EDT
Accession Number: 0001437749-24-008877

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

Item 1C. Cybersecurity.

ITEM 1C. CYBERSECURITY Avalon faces various cyber risks, including, but not limited to, risks related to the storage of members information, and security breaches could expose us to a risk of loss or misuse of this information, litigation and potential liability. We utilize a multilayered, proactive approach to identify, evaluate, mitigate and prevent potential cyber and information security. Additionally, we devote significant resources to protecting the security of our computer systems, software, networks and other technology assets. Our efforts are designed to adapt with the evolution of information security risks and appropriate best practices and include physical, administrative and technical safeguards. The risk assessment is discussed with the audit committee and board of directors on at least an annual basis. Our practices are generally developed from, and benchmarked against, recognized cybersecurity frameworks, such as the National Institute of Standards and Technology Cybersecurity Framework. Our management team also engages certain outside advisors and consultants to assist in the identification, oversight, evaluation and management of cybersecurity risks on a regular basis, as well as to advise on specific topics.

Company Information