Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 252

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 16K
Chunk 252
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efforts

to

prevent
cybersecurity threats, to the board of directors on a quarterly basis or

more often as needed.

Our management

team plays

a vital

role in

assessing and

managing the

Company's material

risks from

cybersecurity threats. The Cyber Security Officer leads our cybersecurity program, reporting to the Digital

Transformation

Officer,

who

in

turn

reports

to

the

Chief

Executive

Officer

on

matters

of

strategic

importance.

Additionally,

the

Cyber

Security

Officer

holds

biweekly

meetings

with

the

CEO

to

discuss

emerging threats, ongoing security initiatives, and strategic cybersecurity

priorities.

The

Cyber

Security Officer

reports to

the

management team

on

a

semi-annual

basis,

presenting major

cybersecurity incidents

and key

performance indicators

related to

the

company's cybersecurity

posture.

Additionally,

the Cyber

Security Officer

reports to

the audit

committee on

a semi-annual

basis regarding

progress

on

critical

cybersecurity

initiatives,

results

of

the

company's

cybersecurity

maturity

level

assessments, and updates on the implementation of our cybersecurity

strategy.

The
audit committee
receives regular

reports from

management

on

our cybersecurity

risks.

In

addition,
management updates the audit committee, as

necessary, regarding

any material cybersecurity incidents,
as

well

as

any

incidents

with

lesser

impact

potential.
The

audit

committee

reviews

the

Company's
cybersecurity

risks

and

assess’

the

steps

that

management

has

taken

to

protect

against

threats

to

the
Company's information systems and security.

Our

board

of

directors

oversees

the

Company’s

cybersecurity

risk

exposures

and

the

steps

taken

by
management to

monitor and

mitigate cybersecurity

risks. The

board of

directors ensures

allocation and
prioritization of resources and

overall strategic direction for

cybersecurity and ensures alignment with

the
Company’s overall strategy.

118

Cybersecurity Threats

As of

the date

of this