Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 63

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1C
Chunk 63
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 Guaranty has implemented a vendor risk management program that includes a thorough vendor review and information security assessment of the vendor’s security controls, policies, and procedures prior to onboarding. Ongoing and regular monitoring of third parties is managed through the vendor management, enterprise risk management, Information Security, and internal audit departments.

First Guaranty’s Information Security and Learning and Development departments facilitate annual company-wide security awareness training, regular phishing exercises, and provide regular updates across the organization to keep employees informed on ways to mitigate cybersecurity risk. Information Security has developed and distributed a procedure to inform its employees how to escalate potential cybersecurity risks. 

As of the date of this Form 10-K, the organization is not aware of any cybersecurity incidents that have materially affected or are reasonably likely to materially affect First Guaranty. For more information on how cybersecurity risk may materially affect the organization, please refer to Item 1A Risk Factors.

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