reasoning: The paragraph primarily provides a materiality assessment, stating that the company is not aware of cybersecurity incidents that have had or are reasonably likely to have a material impact on its business strategy, results of operations, or financial condition. The remaining text is a cross-reference to risk factors, which does not change the primary focus.


content_category: Third-Party Risk

category_confidence: medium

specificity_confidence: medium

reasoning: The paragraph primarily addresses how the company oversees a third-party IT consultant, including expectations that the consultant maintain security measures and report suspected breaches. Although the consultant supports internal cybersecurity activities, the main question answered is how third-party cyber risk is managed.

provider: openai

stage: benchmark


content_category: Board Governance

category_confidence: high

reasoning: The paragraph primarily describes how the board oversees cybersecurity, including delegation to a board committee and reporting flows up to the board. Its main purpose is the governance structure for board-level oversight, not management's operational role or the underlying cybersecurity program.


content_category: Incident Disclosure

reasoning: This paragraph describes an actual cybersecurity event, including when it occurred and the company's response, so it primarily answers what happened in a real incident. The investigation, remediation, and engagement with advisors are presented in the context of that specific incident.


specificity_confidence: high

reasoning: The paragraph primarily describes how the Board, through the audit committee, oversees cybersecurity risk and receives information from management. Although it mentions a management role, the main focus is the board-level oversight structure and reporting flow.


content_category: Management Role

reasoning: The paragraph primarily explains how management is organized to handle cybersecurity, identifying the specific executives and council involved in setting priorities and shaping the cybersecurity program. Although it mentions integrating cybersecurity into overall risk management, the focus is on management roles and organizational structure rather than the operational process itself.


content_category: Risk Management Process

reasoning: The paragraph primarily describes the company’s cybersecurity measures and controls—such as incident detection/response, vulnerability management, disaster recovery, and encryption—so it is about what the cybersecurity program does. It does not focus on oversight roles, management structure, or a specific incident.


reasoning: The paragraph primarily describes the board-level oversight structure for cybersecurity, emphasizing the Board and Audit Committee's role in overseeing risk management and receiving discussions on cybersecurity risk areas. Although management responsibilities are mentioned, they are presented within the governance chain rather than as a standalone description of management organization.


reasoning: The paragraph primarily describes how management is organized to handle cybersecurity, identifying the CISO and an information security steering committee as the responsible management bodies. It also emphasizes the CISO’s qualifications, which is characteristic of management-role disclosure rather than process description.


reasoning: The paragraph primarily describes a real cybersecurity incident, including affected systems, containment, restoration, remediation timing, and related financial consequences. Although it mentions insurance recoveries and costs, those details are presented within the narrative of the incident itself, making Incident Disclosure the best fit.


reasoning: The paragraph primarily explains how the company evaluates and contracts with service providers that handle critical services or sensitive information, making third-party cyber risk the central topic. It describes generic vendor due diligence and access/control review practices without firm-specific details or distinctly cybersecurity-specialized terminology.


reasoning: The paragraph primarily explains how management is organized to handle cybersecurity, emphasizing the CISO's role, reporting relationship to the CRO, and coordination with the executive team. Although it mentions the Information Security Program's purpose, the main focus is management structure rather than the cybersecurity processes themselves.


reasoning: This paragraph primarily describes a real cybersecurity incident: what happened, which systems and vendor were involved, and what data was affected. It is not mainly about ongoing risk processes or governance, but about disclosure of a specific event and its immediate circumstances.


reasoning: The paragraph primarily explains how the company manages cybersecurity risk arising from vendors, supply-chain providers, and other third parties with access to systems, data, or facilities, making third-party risk the central topic. It describes cyber-focused oversight practices, but does not include firm-unique names, roles, committees, dates, or verifiable quantitative details.


reasoning: The paragraph primarily describes what the cybersecurity program does: vulnerability identification and testing, phishing simulations, awareness training, and internal and external security reviews. It does not focus on board oversight, management structure, or a specific incident.


reasoning: The paragraph primarily describes how the Board and its Audit Committee oversee cybersecurity risk, including reporting flows and escalation to the Board. Although management roles are mentioned, they appear mainly as part of the board oversight structure.


reasoning: The paragraph primarily describes the board’s oversight structure for cybersecurity, including delegation to a board committee and reporting up to the board. Although it mentions program evaluations and security updates, those details are presented in the context of informing board oversight rather than describing the program itself.


content_category: Strategy Integration

reasoning: The paragraph primarily gives a materiality assessment: it states that the company has not experienced any material cybersecurity breaches and comments on the potential effect such incidents could have on financial results. That makes it chiefly about cybersecurity's impact on the business rather than governance, management, or operational processes.


reasoning: The paragraph primarily describes what the cybersecurity program does: protecting information systems, responding to incidents, using incident response and recovery plans, and monitoring prevention, detection, mitigation, and remediation. Although it mentions the CISO and reporting to the Audit Committee, the main focus is the operation of the cybersecurity program rather than governance or management qualifications.


reasoning: This paragraph primarily describes management’s cybersecurity-related organization and qualifications, focusing on the experience and background of the VP of IT and the Cybersecurity Response Committee. It is not mainly about board oversight or program activities, so Management Role is the best fit.


reasoning: The paragraph primarily indicates that management-level personnel ('senior leadership') evaluate cybersecurity risks and mitigations, which most directly addresses management’s role rather than describing a concrete process. The remainder is a cross-reference to risk factors and does not add substantive cybersecurity detail.


reasoning: The paragraph primarily describes how management reports cybersecurity-related matters to the board and how the board receives oversight information, which is board-level governance. It does not provide meaningful cybersecurity-specific operational detail or qualifying firm-specific/verifiable facts.


reasoning: The paragraph primarily explains how the company manages cybersecurity risks arising from third parties, with vendor security assessment as the central topic. It uses cybersecurity-specific third-party risk terminology, but does not include firm-unique or externally verifiable details.


reasoning: The paragraph primarily explains how the company manages cybersecurity risks arising from third-party service providers, including pre-engagement security assessments and ongoing monitoring. Although it ends with a material-impact statement, most of the paragraph is centered on vendor-related cyber risk oversight.


reasoning: The paragraph primarily describes how management reports cybersecurity matters to the audit committee, i.e., the information flow that supports board-level oversight. Although framed as management's role, its main purpose is explaining committee briefings and oversight content rather than management organization itself.


reasoning: The paragraph primarily explains the board’s cybersecurity oversight structure, including how the Board and Audit Committee receive information from management, so Board Governance is the best fit. Although it also includes management responsibilities and qualifications, those details are subordinate to the governance chain from the board to the CSO and cybersecurity team.


reasoning: The paragraph primarily describes what the company's cybersecurity program does: policies, procedures, monitoring, user education, protective measures, and incident response. Although it notes integration into overall risk management, the main focus is the cybersecurity risk management process itself.


reasoning: The paragraph primarily describes the company's process for assessing and escalating a cybersecurity incident, including evaluating scope, impact, affected functions, and materiality. Although third-party service providers are mentioned, vendor risk is not the central topic; the focus is the internal incident assessment process.


reasoning: The paragraph primarily explains how the company manages cybersecurity risks arising from vendors and service providers, including contractual requirements, reassessment, and data deletion at contract termination. Although it also mentions ERM escalation, third-party oversight is the dominant topic.


reasoning: The paragraph primarily describes management organization and responsibilities by explaining the CISO's role in overseeing the program, coordinating with business functions, and communicating risk posture internally. It is not mainly about board oversight or specific cybersecurity activities of the program itself.


reasoning: The paragraph primarily states management's conclusion that cybersecurity incidents have not materially adversely affected the company's business strategy, results of operations, or financial condition, which is a strategy/materiality assessment. The remaining language about general cyber threats, investment, and a risk-factor cross-reference is secondary and boilerplate.


reasoning: The paragraph primarily provides a materiality assessment, stating that prior cybersecurity threats and incidents have not materially affected the company’s business strategy, results of operations, or financial condition. The remaining language is forward-looking cautionary language and a risk-factor cross-reference, which does not change the paragraph’s central focus.


reasoning: The paragraph most directly addresses the company's cybersecurity protections by referring to existing controls and efforts to strengthen its cybersecurity posture. It does not describe governance, management roles, third-party oversight, a specific incident, or business impact, but the process description is highly generic.


reasoning: The paragraph primarily describes how cybersecurity information flows through the company's oversight structure: management reports to the Audit Committee, which evaluates cybersecurity risk and informs the Board. Although it mentions risk management integration, the main focus is board-level oversight and governance.


reasoning: The paragraph describes a real cybersecurity incident involving the company’s advisor, including when it occurred, its effect on systems, and the response taken. Its primary purpose is to disclose what happened, so it is best classified as Incident Disclosure.


content_category: None/Other

reasoning: This paragraph is primarily a forward-looking cautionary statement about possible cyber harm and insurance limits, plus a cross-reference to Risk Factors, rather than a substantive description of governance, management, process, third-party risk, incident, or business-impact assessment. Under the rules, speculative material-adverse-effect language and cross-references fall into None/Other.


reasoning: The paragraph primarily explains how management is organized to handle cybersecurity, including the roles of management-level committees, the CISO, and cross-functional coordination. It is not board oversight; instead it focuses on management structure and reporting responsibilities.


reasoning: The paragraph primarily describes management’s qualifications for handling cybersecurity risk, not the company’s cyber processes or board oversight. The named certifications are externally verifiable facts, which makes the paragraph Quantified-Verifiable.


reasoning: The paragraph primarily provides a materiality assessment by stating that past cybersecurity incidents were not determined to be material and cross-refers readers to risk-factor disclosure about potential business effects. Although it mentions periodic assessments and testing, those process references are generic and secondary to the business-impact/materiality conclusion.


reasoning: The paragraph primarily describes how board-level oversight of cybersecurity is structured, including the role of the Audit & Finance Committee and the flow of information from management to that committee. Although management roles are mentioned, they are presented mainly as part of the board oversight chain.


reasoning: The paragraph primarily explains which management functions are involved in overseeing cybersecurity efforts and how they participate, making it about management’s organizational role. Although it mentions threat intelligence and security tool reports, those are presented as inputs to management supervision rather than as the main focus of the cybersecurity program itself.


reasoning: The paragraph primarily explains how management is organized to address cybersecurity, focusing on the ERC, ORC, CISO, team coordination, and the CISO’s qualifications. Although it mentions the cybersecurity program, the dominant content is management structure, reporting lines, and leadership credentials rather than process details.


reasoning: The paragraph primarily provides a materiality assessment, stating that cybersecurity threats have not materially affected the company, its business strategy, results of operations, or financial condition to date. The remaining language is generic risk and cross-reference language rather than substantive process, governance, or incident detail.


reasoning: The paragraph primarily describes a cybersecurity control within the company's program—communicating cybersecurity provisions to employees to mitigate internal threats—so it is about how cyber risk is managed. It does not provide firm-unique roles, named frameworks, committees, systems, dates, or other qualifying specific facts.


reasoning: The paragraph primarily describes how the board oversees cybersecurity risk through the Audit Committee and information flow to the full Board, which is board-level oversight. It also includes a concrete, checkable fact about three specifically named directors with cybersecurity risk management experience.


reasoning: The paragraph primarily describes what the company's cybersecurity program does and the controls/framework it uses to protect systems and information, which fits risk management processes. Although it includes cybersecurity-specific controls and cites NIST CSF, it does not provide firm-unique organizational details or externally verifiable quantified facts.


reasoning: The paragraph primarily explains how the company manages cybersecurity risks arising from vendors and other service providers, making third-party oversight the central topic. It focuses on vendor assessments, reviews, scans, audits, and contractual security requirements rather than internal cybersecurity operations more broadly.


reasoning: The paragraph primarily describes how the Board oversees cybersecurity risk and how information flows up to the Board, which is characteristic of Board Governance. While it mentions management roles, those roles are presented mainly as sources of reporting to support Board oversight.


reasoning: The paragraph primarily describes the oversight and escalation structure for cybersecurity risks from management committees up to board-level bodies, which is board governance. Although management roles are mentioned, they are presented mainly as part of the board reporting chain rather than to explain management organization.


reasoning: This paragraph primarily describes management-level expertise and qualifications, especially the CIO's background and the executive team's experience with cybersecurity-related risk oversight, rather than the board's oversight structure or the company's cyber processes. The presence of quantified experience for the CIO makes the paragraph Quantified-Verifiable.


reasoning: The paragraph primarily describes what the cybersecurity program does—investing in defenses, using a security standard for risk assessment, and operating a SOC—so it is best classified as Risk Management Process. While it includes domain-specific practices and one company-specific organizational claim, it does not provide a clearly externally verifiable quantified fact.


reasoning: The paragraph primarily describes the oversight and reporting chain up to the board, including how management reports cybersecurity matters and how the board is briefed. Although it mentions management roles, the main purpose is explaining board-level oversight of cybersecurity.


reasoning: The paragraph primarily describes who in management is responsible for cybersecurity and why they are qualified, focusing on leadership responsibilities, reporting scope, and prior experience. While it mentions elements of the cybersecurity program, those details are secondary to the management team's roles and credentials.