Aarons 2013 Annual Report Download - page 28
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regulatory penalties. In addition, the costs of defending such actions or remediating breaches could be material. Security
breaches could also harm our reputation with our customers, potentially leading to decreased revenues.
If our information technology systems are impaired, our business could be interrupted, our reputation could be harmed
and we may experience lost revenues and increased costs and expenses.
We rely on our information technology systems to process transactions with our customers, including tracking lease payments
on merchandise, and to manage other important functions of our business. Failures of our systems, whether due to intentional
malfeasance by outside parties or to accidental causes, such as “bugs,” crashes, operator error or catastrophic events, could
seriously impair our ability to operate our business. If our information technology systems are impaired, our business (and that
of our franchisees) could be interrupted, our reputation could be harmed, we may experience lost revenues or sales and we
could experience increased costs and expenses to remediate the problem.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.