Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 55

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 55
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 model. Under the GDPR, fines of up to €20 million or up to 4% of the total worldwide annual turnover of the preceding financial year, whichever is higher, may be assessed for non -compliance, which significantly increases our potential financial exposure in the event of non -compliance. For our daily operations, we rely on commercially available systems, software, and information technology and networks for processing, transmitting and storing confidential information, as well as to manage or support a variety of our operations, including financial transactions and maintenance of records, which may include personally identifiable information of customers, partners, employees, and prospective investees. Although we have taken steps to protect the security of the data maintained in our systems, it is possible that such security measures will not be able to prevent the systems’ improper functioning, or the improper disclosure of personally identifiable or confidential information such as in the event of non -complianceof our data privacy policy by our employees, suppliers, distributors, service providers, cyber -attacks, and similar breaches that may cause us to be in breach of relevant data privacy and cybersecurity law and regulations. Any failure or alleged failure to comply with the relevant data privacy and cybersecurity laws and regulations could interrupt our operations, damage our reputation, result in negative publicity, inhibit sales and subject us to liability claims or regulatory penalties. Concerns about our practices with regard to the collection, use, disclosure, or safekeeping of personal information or other privacy related matters, even if unfounded, could damage our reputation and adversely affect our operating results. We are subject to cybersecurity risks to our operations, information technology infrastructure and systems, software integrated in our products, and data processed by us, our distributors, and end-user customers. Our business, operations, products, and services involve the collection, storage, processing and transmission of personal data and certain other sensitive and proprietary information of our end -users, partners, customers and others. Additionally, we maintain sensitive and proprietary information relating to our business, such as our own proprietary information, trade secrets, coding of our software and personal data relating to our employees. Although we have implemented and are in the process of implementing additional security protections that shield against data theft, security breaches, data loss and other security incidents, we cannot guarantee that these security measures will fully safeguard us against such cybersecurity risks. The information technology and its infrastructure used in our business may still be vulnerable to cyberattacks or security breaches or incidents, and third parties may be able to access our trade secrets, intellectual property, and data, including personal data and