Company: PSEWF
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0000950170-25-032340
Chunk: 162

Company: Paysafe Ltd
Filing Date: 2025-03-04
Form: 20-F
Item: Item 16I
Chunk 162
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 framework is further described in “ Item 4. B Business Overview - Our Global Risk and Compliance Management Program.”
We monitor privacy and cybersecurity laws, regulation and guidance applicable to us in the regions where we do business to inform our privacy and cybersecurity policies. See “ Item 4. B Business Overview - Licensing and Regulation - Data Protection and Information Security.”
We routinely undergo external evaluations by third parties, including penetration testing, as well as independent external audits of our cybersecurity programs and data security controls. We also conduct internal audits of our security controls and processes no less than annually.
We also undertake reviews of the cybersecurity programs of our third party providers to ensure that the measures they have in place safeguard the Company’s data in accordance with our global risk appetite. Such third parties are contractually obligated to maintain

their own cybersecurity, disaster recovery and system management practices in accordance with our regulatory, statutory and contractual obligations, as defined in our core risk policies and standards.
As described in “ Item 3. D Risk Factors - Risks Related to Paysafe’s Business and Industry - Cyberattacks and security vulnerabilities could result in disruption, loss of customer and merchant funds and personal data, including financial data, as well as serious harm to our reputation, business, and financial condition” and “ Item 3. D Risk Factors - Risks Related to Paysafe’s Business and Industry - Our business and products are dependent on the availability, integrity and security of internal and external IT transaction processing systems and services,” our operations rely on our IT security systems, software and networks and those of the customers and third parties with whom we interact. Unauthorized access (from the Internet, from within or by third parties), computer viruses or other malicious code, denial of service or other cybersecurity threats could result in the unauthorized access, loss, theft, changes to, unavailability, destruction, or disclosure of confidential, proprietary, financial, or personal information relating to merchants, customers and employees.
Such adverse effects could result in identity theft, misuse of pin codes, the loss of card payment details that are stored on our system, and/or the loss of funds stored in customers’ wallets and prepaid cards and other monetary loss or have other material impacts on our business. We, like other financial technology organizations, as well as third parties with whom we interact, are routinely subject to cybersecurity threats and our respective technologies, IT systems and networks have been victims of cyberattacks in the past. While we have experienced cybersecurity incidents, we are not aware that we have experienced a material cybersecurity incident during the 2024 fiscal year