Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 172

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 172
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 loss and telecommunications failures; (2) fire, flood, hurricane and other
natural disasters; (3) software and hardware errors, failures or crashes; and (4) cyber and ransomware attacks, computer viruses, hacking,
break-ins, sabotage, intentional acts of vandalism and other similar disruptive problems. The occurrence of any of these events could
result in interruptions, delays or cessations in service to users of our solutions, which could impair or prohibit our ability to provide
our solutions, reduce the attractiveness of our solutions to our customers and could have a material adverse impact on our business,
results of operations or financial condition. If customers’ access to our solutions is interrupted, we could be in breach of our
agreements with customers and/or exposed to significant claims. Any significant instances of system downtime could negatively affect
our reputation and ability to provide our services, which could have a material adverse impact on our business, results of operations
or financial condition.

Breaches
and failures of IT systems and the sensitive information we transmit, use and store, expose us to potential liability and reputational
harm.

Our
business relies on information systems to obtain, process, analyze, and manage data. To the extent IT systems are not successfully implemented
or fail, our business and results of operations may be adversely affected. Further, our business relies to a significant degree upon
the secure transmission, use and storage of sensitive information, including protected health information and other personally identifiable
information, financial information and other confidential information and data within these systems.

To
protect this information, we seek to implement commercially reasonable security measures and maintain information security policies and
procedures informed by requirements under applicable law and recommended practices, in each case, as applicable to the data collected,
hosted and processed. Despite our security management efforts our business is vulnerable to unauthorized access to data and/or breaches
of confidential information due to criminal conduct, physical break-ins, hackers, employee or insider malfeasance and/or improper employee
or contractor access, computer viruses, programming errors, denial-of-service attacks, ransomware events, phishing schemes, fraud, terrorist
attacks, human error or other breaches by insiders or third parties or similar disruptive problems. It is not possible to prevent all
security threats to our data. Techniques used to obtain unauthorized access, disable or degrade service or sabotage systems change frequently
and may be difficult to detect for long periods of time. Further, defects in the design or manufacture of applications we develop or
procure from third parties could compromise our data