TLGY ACQUISITION CORP 10-K Cybersecurity GRC - 2024-03-26

Page last updated on April 11, 2024

TLGY ACQUISITION CORP reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-26 16:15:50 EDT.

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10-K filed on 2024-03-26

TLGY ACQUISITION CORP filed an 10-K at 2024-03-26 16:15:50 EDT
Accession Number: 0001104659-24-039031

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Item 1C. Cybersecurity.

Item 1C. Cybersecurity. We believe cybersecurity is critical to advancing our business securely. We face a multitude of cybersecurity threats, have experienced, and will continue to experience, cyber incidents in the normal course of business. Such cybersecurity threats could have a material adverse effect on our business, financial condition, operations, results of operations, performance, cash flows or reputation. Our service providers (including the transfer agent), and other business contacts may face similar cybersecurity threats, and a cybersecurity incident impacting these persons or entities could materially adversely affect our operations, performance and results of operations. These cybersecurity threats and related risks make it imperative that we expend resources on cybersecurity. The Board and/or our Audit Committee oversee our cybersecurity risk exposures and the steps taken by management to identify, monitor and mitigate cybersecurity risks to align our risk exposure with our strategic objectives. With respect to such cybersecurity risk oversight, the management will report to the Board and/or Audit Committee on incidents of material cybersecurity risks facing us and any third parties and the measures that may be taken to mitigate such risks. In addition to such reports and updates, the management will provide updates to our Board and/or our Audit Committee as to changes to our cybersecurity risk profile or certain newly identified risks. In the event of an incident, we intend to follow our incident response plan, which outlines the steps to be followed from incident identification, mitigation, recovery and notification to legal counsel, senior leadership and the Board or Audit Committee, as appropriate. While prior cybersecurity incidents have not had a material adverse effect on our business, financial condition, results of operations, or cash flows, we may not be successful in preventing or mitigating a cybersecurity incident that could have a material adverse effect on us.

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