Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 147

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 16K
Chunk 147
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ITEM 16K. CYBERSECURITY

Our
approach to risk management is a combination of proactive steps, accountability, and know-how, spearheaded by internal and external cyber
specialists who keep a watchful eye in searching for cyber risks and defend our organization and business from the menace of cyberspace.

To
design a consistent and responsive approach to protecting our assets and business against possible threats, we have embedded cyber security
risk management into our general framework. We incorporated cyber security risk management processes into our overall risk management
strategy and monitor cyber and business risks that potentially can impact our business continuity, reputation, or business growth. This
integration
leads to a whole treatment of risks by identifying, appraising, and mitigating them to link these cyber security
considerations to our wider corporate enterprise risk management, or ERM, strategies.

As
part of our commitment to robust cybersecurity risk management, we engage externally qualified assessors and consultants to enhance the
effectiveness of our cybersecurity risk management processes. We employthird partieswho undertake independent risk assessments, vulnerability
scans penetration testing, and audits aimed at identifying potential vulnerabilities and weaknesses in the strength of the control measures
taken for IT systems constituting potential business and other risks. Consequently, their expertise ensures that all aspects of our state
of security are given due consideration. This strategic cooperation is necessary for us as it helps us stay informed on the latest trends
regarding cyber threats as well as industry standards with best practices thus enabling us to develop current and effective cybersecurity
measures.

We
recognize that other organizations that provide us with services are of utmost importance to our operations. Accordingly, we have put
in place specific measures for managing and identifying potential cyber threats associated with outsourcing some of our services. The
aforementioned procedures encompass highly scrutinized evaluations during vendor selection processes, cyber compliance requirements in
contracts (NDA, Security requirements, Privacy policy, Standards compliance, Auditing, and others), and monitoring activities to ascertain
adherence to security standards. Engaging external consultants and monitoring providers of third-party services are vital elements in
our approach toward improving the identification, evaluation, and management of significant cybersecurity risks.

We
recognize that the nature of our activities is exposed to cybersecurity threats. Similar to any other connected and online service provider
we are regularly challenged by cybersecurity threats and so-called “bad actors”, all of which to date we have been able to
quickly identify and contain. Although these occurrences did not materially affect our business plans,