Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 34

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 34
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as

a result

of the

ongoing conflicts

between Russia

and

Ukraine. and

the

Israel-Hamas conflict.

To

the

extent

such

attacks

have

collateral

effects

on

global

critical

infrastructure

or

financial

institutions,

such

developments could adversely affect our

business, operating results and

financial condition. At this

time, it

is difficult to assess the likelihood of such a threat and any potential impact.

As

cyberattacks

become

increasingly

sophisticated,

and

as

tools

and

resources

become

more

readily

available to

malicious third

parties, including

the risk

associated with

the use

of emerging

technologies,

such as

artificial intelligence and

quantum computing for

nefarious purposes, there

can be no

guarantee

that our actions,

security measures

and controls

designed to

prevent, detect

or respond

to intrusion,

to limit

access to data,

to prevent destruction

or alteration

of data or

to limit the

negative impact

from such attacks,

can provide absolute

security against compromise. Even

without actual breaches of

information security,

protection

against

increasingly

sophisticated

and

prevalent

cyberattacks may

result

in

significant

future

prevention,

detection,

response

and

management

costs,

or

other

costs,

including

the

deployment

of

additional

cybersecurity

technologies,

engaging

third-party

experts,

deploying

additional

personnel

and

training employees.

Further,

as cyber

threats are

continually evolving,

our controls

and procedures

may

become

inadequate,

and

we

may

be required

to

devote

additional resources

to

modify

or

enhance

our

systems

in

the

future.

Such expenses

could

have a

material adverse

effect

on

our

future

performance,

results of operations, cash flows and financial position.

Further,

in

July

2023,

the

SEC

adopted

amendments

to

its

rules

on

cybersecurity

risk

management,

strategy, governance, and

incident disclosure.

The amendments

require us

to report

material cybersecurity

inc