Risk Factors Update Summary
- Integration of AI may result in reputational harm, legal liability, and substantial costs.
- Biden administration's Executive Order on AI safety may impact operations and require significant resources.
- Cybersecurity incidents, like the MOVEit Vulnerability, can lead to lawsuits and government investigations.
- Failure to address security flaws can harm revenues, lead to customer loss, and increase liabilities.
- Vulnerabilities in products, like WS_FTP, may result in exploitation and customer data compromise.
- Realignment initiatives may impact revenue and net income, potentially reducing productivity temporarily.
- Increased privacy laws and regulations may lead to additional liabilities, costs, and harm reputation.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=876167&owner=exclude
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