Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 11

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 11
---

such solutions.

International
regulatory bodies are increasingly focused on online privacy issues and user data protection. In particular, the General Data Protection
Regulation, or the GDPR, in the European Union, or EU, and the UK intends to strengthen and unify data protection for all individuals
within the EU. It also addresses the export of personal data outside the EU. The GDPR aims primarily to give control back to citizens
and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation
within the EU. Additionally, the uncertainty created by these laws and regulations can be compounded when services hosted in one jurisdiction
are directed at users in another jurisdiction. For instance, European data protection rules may apply to companies which are not established
in the EU (this is the so-called extraterritorial scope of the GDPR). Similarly, there have been laws and regulations adopted throughout
the United States and Israel that impose obligations in areas such as privacy, in particular protection of personal information and implementing
adequate cybersecurity measures to protect such information. The most prominent to which we are exposed is the California Consumer Privacy
Act of 2020, or the CCPA, which increases the privacy and security obligations companies have towards the consumer when handling personal
data. The CCPA allows civil penalties for violations as well as private right of action for data breaches. In addition, the California
Privacy Rights Act, or the CPRA, which became effective as of January 1, 2023, imposes additional obligations such as expanding the current
data privacy compliance requirements under the CCPA. As an Israeli company we are also subject to the Israeli Privacy Protection Law
1981 and its regulations, as well as the guidelines of the Israeli Privacy Protection Authority.

These
industry standards may change with little or no notice, including changes that could make them more or less onerous for businesses. Any
inability to adequately address privacy and security concerns or comply with applicable privacy and data security laws, rules and regulations
could have an adverse effect on our business prospects, results of operations and/or financial position. In addition, governments may
also adopt new laws or regulations, or make changes to existing laws or regulations, that could impact whether our solution enables our
customers to maintain compliance with such laws or regulations. If we are unable to adapt our solution to changing government regulations
and industry standards in a timely manner, or if our solution fails to expedite our customers’ compliance initiatives, our customers
may lose confidence in our products