LUB LIQUIDATING TRUST 10-K Cybersecurity GRC - 2024-03-22

Page last updated on April 11, 2024

LUB LIQUIDATING TRUST reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-22 09:46:26 EDT.

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10-K filed on 2024-03-22

LUB LIQUIDATING TRUST filed an 10-K at 2024-03-22 09:46:26 EDT
Accession Number: 0001193125-24-074723

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Item 1C. Cybersecurity.

ITEM 1C. CYBERSECURITY We recognize the importance of assessing, identifying, and managing risk associated with cybersecurity threats. Our external advisor has implemented cybersecurity processes, technologies, and controls to aid in our efforts to assess, identify, and manage such risks. Our advisor has developed and implemented a cybersecurity risk management program intended to protect the confidentiality, integrity, and availability of our critical systems and information. As we are fully externally managed, we are reliant on our external advisor s network and risk management program. This cybersecurity risk management program is integrated into our overall enterprise risk management program, and shares common methodologies, reporting channels and governance processes that apply across the enterprise risk management program to other legal, compliance, strategic, and financial risk areas. As we are fully externally managed, we are reliant on our external manager s network and risk management program. Our external advisor has elected to engage third-party managed service providers to maintain its network and to manage the monitoring, detection, mitigation, and prevention of cybersecurity threats. These service providers are responsible for managing our advisor s hosted services, all of the computer and computer-related hardware and software they use, and for managing the backup process. Our manager s primary managed service provider supplies management with monthly updates and activity reports related to network alerts, connectivity issues and help desk tickets. We are subject to risks from cybersecurity threats and incidents. As of December 31, 2023, we do not believe such risks have materially affected or are reasonably likely to materially affect the Company, including the Company s business strategy, results of operations or financial condition. However, there can be no assurance that the Company will not be materially affected in the future. 8 Table of Contents LUB Liquidating Trust December 31, 2023 Our Trustees consider cybersecurity risk as part of its risk oversight function. Our Trustees oversee management s implementation of our cybersecurity risk management program. Our Trustees will receive periodic reports from management on our cybersecurity risks as well as updates, as necessary, regarding any significant cybersecurity incidents impacting our advisor s information systems.

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