Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 29

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 29
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 engineering, and other intentional misconduct
by computer hackers has significantly increased, and government agencies and security experts across the world have warned about the
growing risks of hackers, cyber criminals and other potential attackers targeting information technology, or IT, systems. Such third
parties could attempt to gain entry to our systems for the purpose of stealing data or disrupting the systems. In addition, our security
measures may also be breached due to employee error, malfeasance, system errors or vulnerabilities. Third parties may also attempt to
fraudulently induce employees or customers into disclosing sensitive information such as usernames, passwords, or other information
to gain access to our customers’ data or our data, including intellectual property and other confidential business information.

We currently store and process
all the data through our XPO platform using third-party cloud providers. We store certain data in the XPO platform and there are data
that are also transmitted, shared and/or stored with suppliers/other parties for any data-related service. While we and our third-party
cloud providers have implemented security measures designed to protect against security breaches, these measures could fail or may be
insufficient, particularly as techniques used to sabotage or obtain unauthorized access to systems change frequently and generally are
not recognized until launched against a target, resulting in the unauthorized disclosure, modification, misuse, destruction, or loss
of our or our customers’ data or other sensitive information. Any failure to prevent or mitigate security breaches and improper
access to or disclosure of the data we maintain, including personal information, could result in litigation, indemnity obligations, regulatory
enforcement actions, investigations, fines, penalties, mitigation and remediation costs, disputes, reputational harm, diversion of management’s
attention and other liabilities and damage to our business. Any unauthorized or improper disclosure of such personal and/or confidential
information violates our privacy policy, terms of service or other policies, or the perception that an incident has occurred, whether
it pertains to our company, customers, or partners, can cause us reputational harm and adversely impact our competitive position.
The trust and confidence that stakeholders, including clients, investors and the public, place in our ability to protect their information
is of paramount importance. Any lapse in safeguarding this trust can lead to a loss of goodwill, customer attrition and diminished brand
credibility.

Hackers, bad actors and
other unauthorized entrants use and plan a wide range of techniques that may not be detected until a breach has occurred. As a result,
despite our