Item 1C. CYBERSECURITY
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Item 1C. CYBERSECURITY
Cybersecurity Governance
KKR’s Chief Information Security Officer (the “KKR CISO”) leads an information security team (the “KKR information
security team”) whose responsibilities include securing data from unauthorized use or access. The cybersecurity strategy and
program at KKR includes, among other things, annual employee training about cybersecurity risks and new employee
onboarding about KKR’s security policies.
Prior to joining KKR, KKR’s CISO was the CISO at another large financial institution where he was responsible for their
global information security program. KKR’s CISO also has prior experience in various information security roles, including
security architecture, application security, engineering and operations. He holds a Bachelor of Science in computer science
from the New York University Polytechnic School of Engineering, is a Certified Information Systems Security Professional
(CISSP) and holds a Series 99 – Operations Professional Exam certification.
The KKR CISO is a member of the firm’s Operational Risk Committee. The Operational Risk Committee is comprised of
senior employees from across our firm. The committee focuses on significant operating and business risks, which includes
among others, regulatory, cybersecurity, operational, geopolitical, and reputational risks, and is responsible for ensuring risks
are identified, assessed, managed and mitigated effectively in the cybersecurity risk management environment for KKR, which
includes identifying and monitoring KKR’s technology risks, including those related to information security, business
disruption, fraud and privacy related risks, and also promoting cybersecurity awareness at the firm. The Operational Risk
Committee reports to KKR’s Risk and Operations Committee, which is comprised of senior employees from across our asset
management and insurance businesses and operating functions. KKR's Risk and Operations Committee includes our Chief
Financial Officer, Chief Legal Officer and General Counsel, and Chief Compliance Officer. At least annually, management will
present to the Audit Committee and the Risk Committee of our Board of Directors on various topics relating to KKR's
technology risks, including KKR’s cybersecurity program, the current cybersecurity threat landscape, and risk management.
Cybersecurity Risk Management and Strategy
KKR has a cybersecurity incident response plan, which was developed taking into account industry standard guidance
provided by institutes such as the National Institute of Standards and Technology. This plan is a key component of the
cybersecurity program, which is generally incorporated within our enterprise risk management framework. The KKR CISO and
KKR’s Chief Compliance Officer co-chair a cybersecurity incident response team (“KKR CIRT”), which aims to manage and
mitigate the risk and impact of cybersecurity breach events at KKR, including those arising from third-party service providers,
including those providers that have access to KKR’s customer and employee data. Cybersecurity considerations affect the
selection and oversight of our third-party service providers. We perform cybersecurity-related diligence on third parties that
have access to our systems, data or facilities.
In addition to the KKR CISO and our Chief Compliance Officer, the KKR CIRT includes members of the firm’s legal,
technology, compliance, risk, public affairs, human capital and finance groups. KKR has established a notification decision
framework to determine when the KKR CIRT will provide notifications regarding certain cybersecurity incidents, with different
severity thresholds triggering notifications to different recipient groups, including the Risk and Operations Committee, senior
members of management, and our Board of Directors or its committees.
The KKR information security team undertakes a variety of measures to monitor and manage the cybersecurity risks of
KKR. Our technology platforms and applications are designed to enable us to monitor user and network behavior at KKR,
identify threats using certain analytics, and mitigate attacks across various layers of the enterprise. The KKR information
security team conducts regular internal and external audits with third-party cybersecurity experts to identify and evaluate
potential weaknesses in our cybersecurity systems. In addition, the KKR information security team conducts periodic phishing
simulations, as well as periodic employee training on KKR’s security policies and controls and provides other security training
as part of new employee onboarding.
As of the date of this filing, we do not believe that our business strategy, results of operations or financial conditions have
been materially affected by any cybersecurity incidents for the period covered by this report. However, institutions like us, as
well as our employees, service providers and other third parties, have experienced information security and cybersecurity
attacks in the past and will likely continue to be the target of increasingly sophisticated cyber actors. For a discussion of how
risks from cybersecurity threats may affect us, see "Part 1 Item 1A. Risk Factors—"Risks Related to Our Business—
Cybersecurity failures and data security breaches could have a material adverse impact on our businesses.”
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