Navigation 导航目录

Generated by 生成者

Jason's AI Research

Virtual Intelligent System

(J.A.R.V.I.S)

More AI/Investment Content on My Homepage: 更多AI/投资内容请见我的主页:
https://jason-with-his-ai-analysts.ghost.io/

Take-Two Interactive Software, Inc. - FY 2025 10-K (Part I) Analysis Take-Two Interactive Software, Inc. - 2025财年10-K报告（第一部分）分析

Key Logic: Core Strategy & Major Risks 核心逻辑：核心战略与主要风险

Take-Two Interactive Software, Inc. as a global leader in interactive entertainment, focuses on creating high-quality, engaging "hit" entertainment experiences through its renowned brands like Rockstar Games, 2K, and Zynga across diverse platforms (console, PC, mobile). It aims for scalable growth and profitability via diversified business models including digital sales, in-game purchases, and advertising. Take-Two Interactive Software, Inc.作为全球互动娱乐领域的领导者，其核心战略在于通过旗下知名品牌如Rockstar Games、2K 和 Zynga，在主机、PC 和移动等多样化平台上，创造高质量、引人入胜的“热门”娱乐体验。公司通过数字销售、游戏内购买和广告等多元商业模式实现规模化增长与盈利。

Core Strategic Focus 核心战略重点

Leveraging top brands to deliver "hit" entertainment across console, PC, and mobile, driving growth through digital sales, in-game purchases, and advertising. 利用顶级品牌在主机、PC和移动端提供“热门”娱乐体验，通过数字销售、游戏内购买和广告驱动增长。

Key Operational Risks 主要运营风险

  • Intense Competition: Ever-increasing rivalry in interactive entertainment.激烈竞争：互动娱乐行业竞争日益激烈。
  • Product Acceptance: Uncertainty of market acceptance for new products.产品接受度：产品能否获得市场广泛接受的不确定性。
  • Development Risks: Delays, costs, and adapting to rapid tech changes in software development.开发风险：软件开发固有的延迟、成本和适应快速变化的技术挑战。
  • AI Technology: Operational and reputational risks from AI application.AI技术：人工智能技术应用带来的运营与声誉风险。
  • Core Product Dependence: Reliance on few core products like the Grand Theft Auto series.核心产品依赖：对少数核心产品（如Grand Theft Auto系列）的依赖。
  • Regulatory & Cybersecurity: Complex international trade, legal/regulatory (data privacy, in-game mechanics), and cybersecurity threats.法规与网络安全：复杂的国际贸易、法律法规（特别是数据隐私和游戏内机制监管）和网络安全威胁。
  • Macroeconomic Volatility: Economic fluctuations and consumer spending changes.宏观经济波动：宏观经济波动和消费者支出变化。

Company Overview & Strategic Foundation 公司概览与战略基石

About Take-Two Interactive 关于Take-Two Interactive

Take-Two is a global leader in interactive entertainment content development, publishing, and marketing. As of March 31, 2025, the company has 12,928 full-time employees, with 10,096 focused on product development. Take-Two是全球领先的互动娱乐内容开发商、发行商和营销商。截至2025年3月31日，公司拥有12,928名全职员工，其中10,096名专注于产品开发。

Employee Distribution by Region (2025) 员工区域分布（2025）

Insight: 洞察： North America hosts the largest share of employees at 49%, followed by Europe (34%) and APAC (17%), reflecting a global but North-America-centric talent base. 北美拥有49%的员工，其次是欧洲（34%）和亚太地区（17%），反映出公司全球化但以北美为中心的人才分布。

Core Brands & Platforms 核心品牌与平台

Primary Operating Brands: 主要运营品牌：

  • Rockstar Games
  • 2K
  • Zynga

Note: Private Division brand and most game rights were sold in October 2024. 注：Private Division品牌及其大部分游戏版权已于2024年10月出售。

Supported Platforms: 支持平台：

Consoles:主机：
  • Sony PS4, PS5
  • Microsoft Xbox One, Xbox Series X|S
  • Nintendo Switch
Mobile:移动：
  • Smartphones
  • Tablets
PC:PC：
  • Personal Computers

Company Strategic Pillars: Creativity, Innovation, Efficiency 公司战略支柱：创造力、创新与效率

Creativity 创造力

Offer unique, deep, immersive game experiences with compelling storylines and characters. 提供结合引人入胜故事情节和角色的独特、深度沉浸式游戏体验。

Innovation 创新

Commitment to cutting-edge technology and a diverse portfolio across all platforms. 致力于技术创新前沿，在所有平台拥有多样化专有内容组合。

Efficiency 效率

Drive scalable growth and profitability by optimizing development and operations. 通过优化开发和运营，实现规模化增长与盈利。

Talent & Player Relations 人才与玩家关系

Attracting & Retaining Top Talent 吸引和留住顶尖人才

  • Company culture fosters entrepreneurial mindset.公司文化赋能员工创业心态。
  • Competitive compensation, comprehensive benefits & health programs.提供有竞争力的薪酬、广泛的员工福利和健康项目。
  • Diverse learning & development programs.多样化的学习和发展项目。

Developing Strong Player Relationships 发展稳固的玩家关系

  • Continuous post-launch content (virtual currency, add-ons).游戏发布后持续提供后期内容（虚拟货币、附加内容）。
  • Invest in customer data platforms for deeper player understanding.投资客户数据平台以深化对玩家的理解。
  • Direct-to-consumer platforms & safe community environment.通过直面消费者平台和提供安全友好的社区环境。

Growth & Market Leadership 增长与市场引领

Enhancing Scale & Profitability 提升规模和盈利能力

  • Build successful franchises across console, PC, mobile.构建涵盖主机、PC和移动平台的商业成功特许经营权组合。
  • New IP, sequels, brand extensions, strong live services.通过推出新IP、高质量续作、品牌延伸和强大的实时服务。
  • Strategic acquisitions & partnerships; recurring consumer spending products.通过战略收购和合作；提供持续的经常性消费者支出产品。
  • Product investment review process; cost reduction opportunities.产品投资审查流程；定期评估控制或降低成本的机会。

Identifying & Leading New Paradigms 识别并引领新范式

  • Continuous evaluation & selective investment in emerging platforms/tech.持续评估并选择性投资新兴平台、技术和商业模式。
  • Significant expansion opportunities in Asia, Middle East, LatAm.在亚洲、中东和拉丁美洲有重要的扩张机会。
  • China is a mature market via Tencent partnership (NBA 2K Online).中国是公司最成熟的市场，通过与Tencent合作提供NBA 2K Online。

Company Business Divisions & Key Franchises 公司业务部门与主要特许经营权

Take-Two's revenue primarily comes from interactive entertainment content sales, including internal and third-party developed software, in-game virtual item sales, advertising, and live services across console, PC, and mobile platforms. The company has 10,096 R&D employees across 12 countries, constantly evolving its business models to include online gaming, virtual currency, and in-game purchases. Take-Two的收入主要来源于互动娱乐内容的销售，包括内部开发和第三方开发的软件、游戏内虚拟物品销售、广告以及主机、PC和移动平台上的实时服务。公司拥有10,096名研发全职员工，分布在12个国家，不断演进其商业模式，包括在线游戏、虚拟货币和游戏内购买。

Rockstar Games

Strategy: Develop a limited number of high-quality, long-lifespan games, generating incremental revenue via sequels, virtual currency, and in-game purchases. 策略：开发数量有限但质量高、市场寿命长的游戏，并通过续作、虚拟货币和游戏内购买等方式带来增量收入。

  • Flagship:旗舰： Grand Theft Auto series (445 million+ units globally).
  • GTA V:GTA V： Released 2013, 210 million+ units globally, includes Grand Theft Auto Online.
  • GTA VI:GTA VI： Planned for May 26, 2026 (FY 2027).
  • Red Dead Redemption 2:Red Dead Redemption 2： 70 million+ units globally.
  • Other IPs: L.A. Noire, Max Payne, Midnight Club.其他IP：L.A. Noire、Max Payne、Midnight Club。

2K

Publishes popular entertainment across various genres: shooter, action, RPG, strategy, sports, family/casual. Expanded product range with new franchises. 发布了涵盖射击、动作、角色扮演、策略、体育和家庭/休闲娱乐等多种类型的热门娱乐产品。通过新特许经营权扩大了产品范围。

  • Key IPs:核心IP： BioShock, Mafia, Sid Meier's Civilization, XCOM.
  • Acquisition:收购： Acquired Gearbox Entertainment in June 2024, adding Borderlands, Tiny Tina's Wonderlands.
  • Sports Sims:体育模拟： NBA 2K series (top NBA video game), WWE 2K, PGA TOUR 2K, TopSpin 2K.
  • Mobile Games: WWE SuperCard.移动游戏：WWE SuperCard。
  • Partnership: Expanded NBA collaboration with NBA 2K League (2018).合作：于2018年通过NBA 2K League扩大了与NBA的合作。

Zynga

Focuses on popular free-to-play mobile games, generating revenue from in-game sales and advertising. Strategy involves developing multiple concepts and launching based on KPI thresholds. 专注于流行的免费移动游戏，通过游戏内销售和广告创收。策略是开发多款游戏概念，并根据KPI阈值决定全球发布。

  • Downloads:下载量： Over 600 million downloads across its diverse portfolio.
  • Key Titles:核心游戏： CSR Racing, Dragon City, Empires & Puzzles, FarmVille, Harry Potter: Puzzles & Spells, Words With Friends.
  • Hyper-casuals: Match Factory!, Merge Dragons!, Pull the Pin, etc.超休闲游戏：Match Factory!、Merge Dragons!、Pull the Pin等。

Former Division:前业务部门： Private Division

Sold in October 2024, including most game rights. Was publisher/developer/owner of Kerbal Space Program. 于2024年10月出售，包括其大部分游戏版权。曾是Kerbal Space Program的发行商、开发商和所有者。

Intellectual Property & Manufacturing Processes 知识产权与制造流程

Intellectual Property (IP) Protection 知识产权（IP）保护

Take-Two's business heavily relies on the creation, acquisition, licensing, and protection of IP to maximize profit potential from internal product development. Take-Two的业务高度依赖于IP的创造、获取、许可和保护，以最大化内部产品开发的利润潜力。

IP Protection Methods: IP保护方法：

  • Protected via copyright, patent, trademark, and trade secret laws.通过版权、专利、商标和商业秘密法保护。
  • Contractual restrictions on software and production technology.通过合同限制软件和生产技术。
  • Content licensing agreements (sports leagues, character rights, music).签订内容许可协议（体育联盟、虚构角色、音乐）。
  • Non-exclusive licensing of console manufacturer technology.非独家许可主机制造商技术。

Manufacturing Process for Physical Products 实体产品制造流程

Platform manufacturers like Sony, Microsoft, and Nintendo control the manufacturing of physical software products for their hardware. Sony、Microsoft和Nintendo等平台制造商负责或控制其硬件平台软件实体产品的制造。

Process Steps: 流程步骤：

  • Company issues purchase orders to approved replicators.公司向经批准的复制商下达采购订单。
  • Provides software code, artwork, instructions, warranty info, packaging design.提供软件代码、相关艺术品、用户说明、保修信息和包装设计。
  • Manufacturers approve, test, and produce.制造商进行批准、缺陷测试和制造。
  • Games shipped 2-3 weeks after order and materials receipt.游戏通常在收到采购订单和所有材料后2到3周内发货。
  • Software products usually offer 90-day limited warranty.软件产品通常提供90天有限保修。

Key Platform Manufacturer Agreements 主要平台制造商合作协议

Take-Two has licensing agreements with Sony and Microsoft to develop and distribute software across various regions. PC game development does not require such licenses. Take-Two与Sony和Microsoft签订了许可协议，以在各个地区开发和发行软件。PC游戏开发不需要此类许可。

Sony Agreements (PlayStation)

  • Effective Date: March 23, 2017 (Global Developer and Publisher Agreement).生效日期：2017年3月23日（全球开发者和发行商协议）。
  • Terms: Grants rights to develop, publish, manufacture, market, distribute, and sell PlayStation-compatible products.条款：授予开发、发行、制造、营销、分发和销售兼容PlayStation产品的所有权利。
  • Royalties: Requires submission for Sony approval and royalty payments based on manufacturing units or digital download revenue.版税：要求提交产品供Sony批准，并根据制造单位数量或数字下载收入支付版税。
  • PS5 Amendment: Effective September 30, 2020, extended terms to PS5 products.PS5修订：于2020年9月30日生效，将现有协议条款扩展至PS5产品和服务。
  • Expiration: Current agreement expires March 31, 2026, with automatic one-year renewals.到期：现有协议于2026年3月31日到期，之后自动续期一年。
  • Termination: Sony can terminate with 30 days' notice for any reason, or immediately for company breach/bankruptcy.终止：Sony可提前30天通知以任何理由终止协议，或在公司违约或破产时立即终止。

Microsoft Agreements (Xbox)

  • Rights: Grants rights to develop, publish, manufacture, market, distribute, and sell Xbox-compatible products.权利：授予开发、发行、制造、营销、分发和销售兼容Xbox产品的所有权利。
  • Royalties: Requires submission for Microsoft approval and royalty payments.版税：要求提交产品供Microsoft批准，并根据制造单位数量或数字下载收入支付版税。
  • Xbox 360 Agreement: Effective November 17, 2005.Xbox 360协议：于2005年11月17日生效。
  • Xbox Console Agreement: Effective July 1, 2020 (for Xbox Series X|S & Xbox One).Xbox主机协议：于2020年7月1日生效（针对Xbox Series X|S和Xbox One）。
  • Expiration: Both agreements expire March 31, 2026, with automatic one-year renewals.到期：两份协议均于2026年3月31日到期，之后自动续期一年。
  • Termination: Microsoft can terminate immediately for company breach (Xbox Next Gen Agreement also for bankruptcy).终止：Microsoft可在公司违约时立即终止协议（Xbox Next Gen协议在公司破产时也可立即终止）。

Sales & Marketing Strategies 销售与市场营销策略

Sales Model & Distribution Channels 销售模式与分发渠道

Take-Two sells software digitally and physically through direct relationships with digital storefronts, platform partners, major retail customers, and third-party distributors across 10 countries. Take-Two通过与数字店面、平台合作伙伴、大型零售客户和第三方分销商的直接关系，以数字和实体形式在全球10个国家销售软件产品。

Customer Concentration (FY 2025 Net Revenue) 客户集中度（2025财年净收入）

Analysis: 分析： The top 5 customers accounted for 81.0% of net revenue. Individually, Apple, Sony, Google, and Microsoft each contributed over 10.0%, indicating high dependence on a few major platform partners. 前5大客户占净收入的81.0%。其中Apple、Sony、Google和Microsoft各自贡献超过10.0%的净收入，表明对少数主要平台伙伴的高度依赖。

Marketing & Promotion 营销与推广

Marketing aims to acquire new users, maximize interest, enhance brand awareness, and correctly position and sell games. Mobile game marketing is crucial for building large player communities. 营销旨在获取新用户、最大化消费者对游戏的兴趣、提升品牌知名度以及正确定位、包装和销售游戏。移动游戏的营销对于建立庞大的玩家社区尤为重要。

Key Marketing Methods: 主要营销方法：

  • Public relations, social, digital, online, TV, outdoor, print marketing.实施公关活动，利用社交、数字、在线、电视、户外和平面营销。
  • Adherence to ESRB, PEGI, IARC rating guidelines.遵循ESRB、PEGI和IARC等评级机构的原则和指南。
  • Price protection (wholesale price reductions) 3-9 months post-launch.通过在产品首次发布后3到9个月内降低批发价格来刺激持续销售。
  • Leveraging social media, in-store promos, trade shows, demo software.利用社交媒体、店内促销、贸易展以及演示软件分发。
  • Player acquisition via paid channels (Facebook, Google ads).通过付费广告渠道（如通过Facebook和Google）获取玩家。

As of March 31, 2025, the company employs 1,418 full-time sales and marketing staff. 截至2025年3月31日，公司拥有1,418名全职销售和营销员工。

Industry Competition & International Operations Risks 行业竞争与国际运营风险

Intense Industry Competition 激烈的行业竞争

The interactive entertainment industry is highly competitive, driven by innovation, features, playability, quality, brand recognition, and distribution channels. The business is heavily influenced by hit games requiring increasing development and marketing budgets. 互动娱乐行业竞争激烈，竞争因素包括创新、功能、可玩性、产品质量、品牌知名度、平台兼容性、分销渠道、价格、营销和客户服务。业务由热门游戏驱动，需要不断增加的开发和营销预算。

Key Competitors: 主要竞争对手：

  • Other Interactive Entertainment Companies: Electronic Arts Inc., Embracer Group AB, Playrix, Playtika, Roblox, Savvy Games, Tencent, Ubisoft Entertainment S.A.其他互动娱乐公司：Electronic Arts Inc.、Embracer Group AB、Playrix、Playtika、Roblox、Savvy Games、Tencent和Ubisoft Entertainment S.A.。
  • Platform Manufacturers: Sony, Microsoft, Nintendo (also developers).平台制造商：Sony、Microsoft和Nintendo（它们本身也是软件开发商）。
  • Other Entertainment Forms: Film, TV, social networks, online apps, short video.其他形式的娱乐：电影、电视、社交网络、在线应用程序、短视频等。

Low barriers to entry in mobile/online gaming lead to new entrants and increased investment from existing players, potentially causing player loss and higher acquisition/retention costs. 移动和在线游戏开发门槛相对较低，导致新竞争者不断进入，现有竞争者加大投入，可能导致玩家流失和玩家获取及留存成本增加。

International Operations Risks 国际运营风险

International sales represent a significant portion of Take-Two's business, exposing it to inherent risks of international trade, complex regulations, and geopolitical events. 国际销售占Take-Two业务的很大一部分，使其面临国际贸易固有的风险、复杂的法律法规和地缘政治事件。

International Net Revenue Share (US excluded) 国际净收入份额（美国以外地区）

Trend: 趋势： International sales consistently contribute over 37% of net revenue, showing a slight growth from 37.2% in 2023 to 39.5% in 2025. 国际销售持续贡献超过37%的净收入，从2023年的37.2%略增至2025年的39.5%。

Key International Risks: 主要国际风险：

  • Credit risk, tariffs, foreign exchange rate fluctuations.信用风险、关税和税费、外汇汇率波动。
  • Shipping delays, geopolitical developments (Russia-Ukraine, Israel-Hamas wars).运输延迟、国际政治、监管和经济发展（如俄乌战争和以哈战争）。
  • Complex and evolving laws (privacy, content, advertising, IP, sanctions).复杂且不断演变的法律法规（游戏、用户隐私、数据收集和保留、消费者保护、内容、广告、知识产权、制裁等）。
  • China market regulatory uncertainty (game approval needed).中国市场的监管执行仍不确定，游戏需要获得监管批准才能运营。
  • Brexit impact on UK-EU trade.英国脱欧对英国和E.U.之间贸易和合作关系产生影响。
  • Inconsistent IP protection in some countries.某些国家的法律对知识产权的保护不如美国或执行不一致。

Human Capital Management 人力资本管理

Employee Profile & Culture 员工概况与文化

As of March 31, 2025, Take-Two has 12,928 full-time employees. 78% are dedicated to product development. The company fosters a culture of creativity, innovation, and efficiency, aiming to attract and retain top talent. 截至2025年3月31日，Take-Two拥有12,928名全职员工。78%的员工专注于产品开发。公司以创造力、创新和效率为基础，致力于吸引和留住行业顶尖人才。

Employee Breakdown (2025) 员工构成（2025）

Insight: 洞察： The vast majority (78%) of employees are in product development, underscoring the company's core business focus on game creation. 绝大多数（78%）员工专注于产品开发，这突显了公司以游戏创作为核心业务的重点。

Talent Development & Employee Experience 人才发展与员工体验

Growth & Development: 成长与发展：

  • Internal growth opportunities and career paths.致力于内部成长机会和职业发展路径。
  • Global learning & development team provides training.全球学习与发展团队提供各种培训材料和项目。
  • Performance management linked to learning and succession planning.绩效管理流程与学习发展和继任计划紧密结合。
  • Regular global town halls & employee surveys.通过全球市政厅会议和员工调查与团队保持联系。

Recognitions: 荣誉：

  • Forbes: "Best Midsize Employer" 4 out of 6 consecutive years.Forbes：“最佳中型雇主”，连续6年中有4年获此殊荣。
  • Fortune: "Great Place to Work" certification annually from 2020 to 2025.Fortune：从2020年到2025年每年都被认证为“最佳工作场所”。

Compensation & Benefits: 薪酬与福利：

  • Competitive pay linked to individual and company performance.提供有竞争力的薪酬方案，与个人和公司绩效挂钩。
  • RSU grants and Employee Stock Purchase Plan (ESPP) to align with shareholder interests.通过授予受限股票单位和提供员工股票购买计划，使员工的财务利益与股东利益保持一致。
  • Comprehensive benefits (medical, dental, vision, retirement, etc.).提供全面的福利计划（医疗、牙科、视力、退休等）。

Overview of Key Risk Factors 主要风险因素概述

Take-Two's business faces numerous uncertainties that could impact its future financial performance. These risk factors are not ranked by importance or probability. Take-Two的业务面临诸多不确定性，可能影响其未来财务表现。这些风险因素未按重要性或发生概率排序。

Business & Industry Risks 业务和行业相关风险

  • Intense industry competition.行业竞争激烈。
  • Uncertain product market acceptance & dev risks.产品市场接受度不确定，开发风险。
  • AI technology application risks.AI技术应用风险。
  • Reliance on IT systems & cybersecurity.依赖IT系统和网络安全。
  • Key personnel dependency.对关键管理及产品开发人员的依赖。
  • Digital sales & F2P model risks.数字销售和免费游戏模式风险。
  • Dependence on Grand Theft Auto.对Grand Theft Auto等热门游戏的依赖。
  • High customer concentration.客户集中度高。
  • Large outstanding debt.大量未偿债务。

Legal & Regulatory Compliance Risks 法律或监管合规相关风险

  • Internet government regulation impact.互联网政府监管影响业务。
  • Potential new legislation.潜在新立法。
  • Non-compliance with data privacy laws.未能遵守数据隐私法律法规。
  • Infringement of third-party IP rights.侵犯第三方IP权利。

Financial & Economic Risks 财务和经济状况相关风险

  • Anti-takeover provisions.公司章程和债务协议中的反收购条款。
  • Tax rate changes & additional taxes.税率变化和额外税负。
  • International trade risks (FX volatility).国际贸易风险（包括外汇波动）。
  • Impact of accounting standards.现有或未来会计准则应用。
  • Decreased consumer spending & economic changes.消费者支出下降和经济变化。

General Risk Factors 一般风险因素

  • Equity dilution.股权稀释。
  • Corporate social responsibility & reputational risks.企业社会责任和声誉风险。
  • Catastrophic events & climate change.灾难性事件和气候变化。
  • Inflation impact.通货膨胀影响。
  • Legal proceedings.可能卷入法律诉讼。

Cybersecurity Management & Governance 网络安全管理与治理

Risk Management & Strategy 风险管理与策略

Take-Two maintains a formal information security program with physical, technical, and administrative safeguards to prevent, mitigate, and resolve cybersecurity threats and incidents. Take-Two维护正式的信息安全计划，包括物理、技术和管理保障措施，以预防、减轻和解决网络安全威胁和事件。

Security Program Highlights: 安全计划亮点：

  • Annual review/update of IT standards (NIST, ISO).每年审查和更新IT标准（NIST、ISO）。
  • Dedicated cybersecurity team led by CTO & CISO.由CTO和CISO领导的专门网络安全团队。
  • Regular internal vulnerability assessments & third-party penetration tests.定期进行内部漏洞评估和第三方渗透测试。
  • Mandatory security & privacy training for all employees.所有员工必须完成定期安全和隐私最佳实践培训。
  • Internal "red team" for attack scenario simulations.内部“红队”定期进行攻击场景模拟。

Cybersecurity Incident Handling Process 网络安全事件处理流程

Monitor & Detect: Continuous system and log monitoring by internal/outsource personnel. 监控与检测：由专门的网络安全内部和外包人员持续监控系统和日志。
Escalate & Review: Immediate escalation of critical signals (e.g., ransomware, data exfiltration) for CISO review. 升级与审查：对某些信号（如外部威胁、勒索软件攻击、数据外泄）立即升级并由CISO审查。
Report & Disclose: CISO reports to management & disclosure committee for scope/materiality; significant events reported to Board Audit Committee. 报告与披露：CISO向公司管理层和披露委员会报告以确定事件范围和重要性；向董事会审计委员会报告重大网络安全事件。
Document & Archive: All incidents recorded and filed. 记录与归档：所有事件均被记录和归档。

Historical Incidents & Governance 历史事件与治理

While no significant incidents occurred in the reporting period, Take-Two has faced past cybersecurity events and continuously enhances its defenses. 虽然在报告期内没有发生对公司造成重大影响的威胁或事件，但Take-Two曾面临网络安全事件，并持续加强其防御。

Historical Cybersecurity Incidents (September 2022): 历史网络安全事件（2022年9月）：

  • Rockstar Games System Intrusion: Unauthorized third-party accessed & downloaded confidential info, including early Grand Theft Auto development footage.Rockstar Games系统入侵：未经授权的第三方非法访问并下载了机密信息，包括下一代Grand Theft Auto的早期开发片段。
  • 2K Games Vendor Platform: Unauthorized access to help desk vendor platform credentials, sending malicious links to players.2K Games供应商平台：未经授权的第三方非法访问了2K Games用于提供帮助台支持的供应商平台凭证，并向某些玩家发送了包含恶意链接的通信。

Resulted in minor incremental costs and anticipated future protection costs. 导致少量一次性增量成本，并预计未来将产生额外的网络安全保护成本。

Cybersecurity Governance Structure: 网络安全治理结构：

  • Board Oversight: Board (via Audit Committee) actively oversees risk management, including cybersecurity.董事会监督：董事会（通过审计委员会）积极监督风险管理，包括网络安全。
  • CTO & CISO Reporting: Report quarterly to Audit Committee, annually to Board, on incidents, policies, threats.CTO和CISO报告：至少每季度（审计委员会）和每年（董事会）向其报告，涵盖重大网络安全事件、政策和持续应对关键威胁。
  • Senior Management: Responsible for daily risk assessment & management.高级管理层：负责日常评估和管理公司面临的各种风险。
  • Internal Audit: Tests & audits IT internal controls.内部审计团队：负责测试和审计信息技术内部控制。
  • Qualified IT Team: Expertise from private/government sectors, certified (CISSP, ISO 27001).合格的IT团队：具备专业资质，拥有私营企业和政府领域经验，获得相关认证。