Company: ECIA
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001079973-25-001132
Chunk: 22

Company: ENCISION INC
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 22
---
 terms or at all. Consequently, a product liability
claim or other claim with respect to uninsured liabilities or in excess of insured liabilities could have a material adverse effect on
our financial position, results of operations and cash flows.

We depend on certain key personnel. We
are highly dependent on a limited number of key management personnel, particularly our President and CEO, Gregory J. Trudel. Our loss
of key personnel to death, disability or termination, or our inability to hire and retain qualified personnel, could have a material adverse
effect on our financial position, results of operations and cash flow.

Any cybersecurity-related attack, significant
data breach or disruption of the information technology systems or networks on which we rely could negatively affect our business. Our
operations rely on information technology systems for the use, storage and transmission of sensitive and confidential information with
respect to our customers, suppliers, employees and other parties. A malicious cybersecurity-related attack, intrusion or disruption by
either an internal or external source or other breach of the systems on which we and our employees conduct business, could lead to unauthorized
access to, use of, loss of or unauthorized disclosure of sensitive and confidential information, disruption of our services, and resulting
regulatory enforcement actions, litigation, indemnity obligations and other possible liabilities, as well as negative publicity, which
could damage our reputation, impair sales and harm our business. Cyberattacks and other malicious internet-based activity continue to
increase. In addition to traditional computer “hackers,” malicious code (such as viruses and worms), phishing, employee theft
or misuse and denial-of-service attacks, sophisticated nation-state and nation-state supported actors now engage in attacks (including
advanced persistent threat intrusions). Despite efforts to create security barriers to such threats, it is not feasible, as a practical
matter, for us to entirely mitigate these risks. If our security measures are compromised as a result of third-party action, employee,
customer, or user error, malfeasance, stolen or fraudulently obtained log-in credentials or otherwise, our reputation would be damaged,
our data, information or intellectual property, or those of our customers, may be destroyed, stolen or otherwise compromised, our business
may be harmed and we could incur significant liability. 

Item 1B. Unresolved Staff Comments

Not required for small reporting companies.

13 

Item 1C.  Cybersecurity

Cybersecurity Risk Management and Strategy

We have not
yet developed a cybersecurity risk management program, though we are in the