Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 95

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1C
Chunk 95
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We
have developed and maintain a cybersecurity risk management program, consisting of cybersecurity policies, procedures, compliance and
awareness programs to mitigate risk and to ensure compliance with security, availability and confidentiality trust principles. The cybersecurity
process has been integrated into our overall risk management system and process, and is solely internally managed. Management is responsible
for identifying risks that threaten achievement of the control activities stated in the management’s description of the services
organizations systems. Management has implemented a process for identifying relevant risks that could affect the organization’s
ability to provide secure and reliable service to its users. The risk assessment occurs annually, or as business needs change, and covers
identification of risks that could act against the company’s objectives as well as specific risks related to a compromise to the
security of data. See “Item 1A. — Risk Factors — Risks Related to Our Company and Business — A material breach
in security relating to our information systems and regulation related to such breaches could adversely affect us.”

36

The
oversight of cybersecurity threats is undertaken by our Chief Financial Officer. Our audit committee is responsible for cybersecurity
oversight and monitoring risk. Management informs the audit committee of such risk by committee meetings.

As
of the date of this report, we are not aware of any material risks from cybersecurity threats that have materially affected or are reasonably
likely to materially affect us, including our business strategy, results of operations or financial condition.

ITEM
2. PROPERTIES

We
currently lease 292 square feet of office space at 4 HaNegev Street, Airport City, Israel. The lease term is for 12 months beginning
on July 1, 2024 and ending on June 30, 2025, with an option to extend for an additional 12 months. Monthly rent payments, including utilities,
amount to approximately $2,000 per month.

ITEM
3. LEGAL PROCEEDINGS

From
time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However,
litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may
harm our business.

North
Empire LLC

On
August 7, 2018, we commenced an action against North Empire LLC, or North Empire, in the Supreme Court of the State of New York, County
of New York for breach of a Securities Purchase Agreement or Agreement in which we are seeking damages in an amount to