SmartKem, Inc. 10-K Cybersecurity GRC - 2024-03-27

Page last updated on April 11, 2024

SmartKem, Inc. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-27 17:15:13 EDT.

Filings

10-K filed on 2024-03-27

SmartKem, Inc. filed an 10-K at 2024-03-27 17:15:13 EDT
Accession Number: 0001558370-24-004098

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

Item 1C. Cybersecurity.

Item 1C. Cybersecurity We rely on our information technology to operate our business. As such, we have policies and processes designed to protect our information technology systems, some of which are managed by third parties, and resolve issues in a timely manner in the event of a cybersecurity threat or incident. We have designed our business applications and hosting services to minimize the impact that cybersecurity incidents could have on our business and have identified back-up systems where appropriate. We seek to further mitigate cybersecurity risks through a combination of monitoring and detection activities, use of anti-malware applications, employee training, quality audits and communication and reporting structures, among other processes. We engage a third-party consultant to assist us with our cybersecurity risk management framework, including the monitoring and detection of cybersecurity threats and responding to any cybersecurity threats or incidents. . Our third-party consultant team is managed by our Chief Financial Officer who reports to the Audit Committee at the board-level, as appropriate. As of December 31, 2023, we have not identified an indication of a cybersecurity incident that would have a material impact on our business and consolidated financial statements.

Company Information