The company faces risks related to cybersecurity incidents that could affect its systems, facilities, and data, originating from both internal and external sources. The global increase in the number and sophistication of cyber-attacks contributes to this risk. Although the company has not experienced cybersecurity incidents to date, it recognizes potential future risks, particularly those associated with acquisitions or integrations that may introduce vulnerabilities. The company depends on third-party service providers, including cloud-based providers supporting corporate infrastructure functions such as human resources, communication, and finance, making it reliant on their security measures. These third parties are subject to similar cybersecurity risks, and incidents affecting them could have a material impact on the company. To mitigate these risks, the company invests in personnel, technologies, and training and complies with data protection laws that require appropriate security measures.
Portage Biotech Inc's Comment on Supply Chain
The company faces risks related to cybersecurity incidents that could affect its systems, facilities, and data, originating from both internal and external sources. The global increase in the number and sophistication of cyber-attacks contributes to this risk. Although the company has not experienced cybersecurity incidents to date, it recognizes potential future risks, particularly those associated with acquisitions or integrations that may introduce vulnerabilities. The company depends on third-party service providers, including cloud-based providers supporting corporate infrastructure functions such as human resources, communication, and finance, making it reliant on their security measures. These third parties are subject to similar cybersecurity risks, and incidents affecting them could have a material impact on the company. To mitigate these risks, the company invests in personnel, technologies, and training and complies with data protection laws that require appropriate security measures.
Sources:
Portage Biotech 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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