Tilray Brands: Cybersecurity a Board-Level Focus in 2025 10-K

TL;DR

Tilray's board is all over cybersecurity risks, getting regular updates from the CIO.

AI Summary

Tilray Brands, Inc. filed its 10-K for the fiscal year ending May 31, 2025, highlighting cybersecurity as a key risk management focus. The Chief Information Officer, reporting to the CEO, oversees the cybersecurity program, coordinating with external consultants. The Board of Directors also actively oversees cybersecurity risk management, receiving regular updates from management on threat landscapes and incident response.

Why It Matters

This filing indicates that Tilray Brands is proactively addressing potential cyber threats, which is crucial for protecting sensitive company and customer data in the evolving digital landscape.

Risk Assessment

Risk Level: medium — Cybersecurity threats are a significant and evolving risk for companies, and the detailed mention in the 10-K suggests it's a material concern for Tilray Brands.

Key Numbers

• FY 2025 — Fiscal Year (Period covered by the 10-K filing)

Key Players & Entities

• Tilray Brands, Inc. (company) — Filer of the 10-K
• 20250531 (date) — Fiscal year end
• 20250729 (date) — Filing date
• Chief Information Officer (person) — Oversight of cybersecurity risk management
• Chief Executive Officer (person) — The CIO reports to this role
• Board of Directors (person) — Oversees cybersecurity risk management

FAQ

From the Filing

0001437749-25-023703.txt : 20250729 0001437749-25-023703.hdr.sgml : 20250729 20250728192254 ACCESSION NUMBER: 0001437749-25-023703 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 158 CONFORMED PERIOD OF REPORT: 20250531 FILED AS OF DATE: 20250729 DATE AS OF CHANGE: 20250728 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tilray Brands, Inc. CENTRAL INDEX KEY: 0001731348 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences EIN: 824310622 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38594 FILM NUMBER: 251157069 BUSINESS ADDRESS: STREET 1: 655 MADISON AVENUE STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: 519.322.8800 MAIL ADDRESS: STREET 1: 655 MADISON AVENUE STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 FORMER COMPANY: FORMER CONFORMED NAME: Tilray, Inc. DATE OF NAME CHANGE: 20180213 10-K 1 tlry20250531_10k.htm FORM 10-K tlry20250531_10k.htm 0001731348 Tilray Brands, Inc. false --05-31 FY 2025 true true true false Cybersecurity is an important part of our risk management processes and is an area of focus for our Board, Chief Information Officer ("CIO") whom reports directly to the Chief Executive Officer, and management team. Our CIO plays a pivotal role in assessing and managing material risks stemming from cybersecurity threats and is primarily responsible for the oversight of our overall cybersecurity risk management program, and coordinates with our external cybersecurity consultants. Additionally, given that cybersecurity risks can impact various areas of responsibility of the Committees of the Board, our Board of Directors oversees cybersecurity risk management and regularly reviews our cybersecurity strategy and initiatives. The Board receives quarterly and as needed updates on cybersecurity matters from the CIO and management on topics including threat landscape developments, incident response readiness, and program enhancements. Cybersecurity is an important part of our risk management processes and is an area of focus for our Board, Chief Information Officer ("CIO") whom reports directly to the Chief Executive Officer, and management team. Our CIO plays a pivotal role in assessing and managing material risks stemming from cybersecurity threats and is primarily responsible for the oversight of our overall cybersecurity risk management program, and coordinates with our external cybersecurity consultants. Additionally, given that cybersecurity risks can impact various areas of responsibility of the Committees of the Board, our Board of Directors oversees cybersecurity risk management and regularly reviews our cybersecurity strategy and initiatives. The Board receives quarterly and as needed updates on cybersecurity matters from the CIO and management on topics including threat landscape developments, incident response readiness, and program enhancements. Cybersecurity is an important part of our risk management processes and is an area of focus for our Board, Chief Information Officer ("CIO") whom reports directly to the Chief Executive Officer, and management team. Our CIO plays a pivotal role in assessing and managing material risks stemming from cybersecurity threats and is primarily responsible for the oversight of our overall cybersecurity risk management program, and coordinates with our external cybersecurity consultants. Additionally, given that cybersecurity risks can impact various areas of responsibility of the Committees of the Board, our Board of Directors oversees cybersecurity risk management and regularly reviews our cybersecurity strategy and initiatives. The Board receives quarterly and as needed updates on cybersecurity matters from the CIO and management on topics including threat landscape developments, incident response readiness, and program enhancements. Cybersecurity is an important par