The company relies on IT systems maintained both internally and by third-party providers to operate its business and process transactions. Remote and hybrid work arrangements contribute to increased IT security risks. Customers share responsibility for data security, and inadequate controls by customers may result in breaches affecting confidential information. The company has acquired other firms with existing cybersecurity vulnerabilities, which introduces additional operational and financial risks and requires allocation of resources to address these issues.
Dayforce Inc's Comment on Supply Chain
The company relies on IT systems maintained both internally and by third-party providers to operate its business and process transactions. Remote and hybrid work arrangements contribute to increased IT security risks. Customers share responsibility for data security, and inadequate controls by customers may result in breaches affecting confidential information. The company has acquired other firms with existing cybersecurity vulnerabilities, which introduces additional operational and financial risks and requires allocation of resources to address these issues.
Sources:
Dayforce Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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