VERU INC. Annual Report - How They Did This Year

Hey there! Let's take a look at how VERU INC. has been doing this year.

VERU INC. has a dedicated program in place to manage cybersecurity risks. This plan is built into their overall way of managing all sorts of company risks – whether they're about strategy, operations, legal stuff, or finances.

As of their latest report, they haven't found any major risks from known cyber threats or past incidents that have significantly impacted their operations, business plans, or financial results.

Their board of directors is responsible for overseeing these risks. Day-to-day management falls to their executive officers. Specifically, their Chief Financial Officer (CFO) is in charge of assessing and handling cybersecurity threats. This CFO has over 10 years of experience in managing their cybersecurity and IT programs, and they also get help and advice from a third-party expert company to stay on top of the latest threats and best practices.

Key Takeaways:

• VERU INC. has a structured cybersecurity risk management program integrated into its broader risk framework.
• No major cybersecurity incidents or significant impacts on operations or financials have been reported.
• Cybersecurity oversight is provided by the Board of Directors, with day-to-day management led by a CFO with over 10 years of relevant experience, supported by external experts.