Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 33

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 33
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and

technology

to

securely

maintain

confidential and proprietary

information maintained on

our information systems.

However, these measures

and technology may not

adequately prevent security

breaches. Our business

operations could be

targeted

by individuals or groups seeking to sabotage or

disrupt our information technology

systems and networks,

or to

steal data. A

successful cyber-attack could materially

disrupt our operations,

including the safety

of

our operations, or

lead to unauthorized release

of information or

alteration of information

in our systems.

24

Any

such

attack

or

other

breach

of

our

information

technology

systems could

have

a

material

adverse

effect on our

business and results of

operations. In addition, the

unavailability of the information systems

or the

failure of

these systems

to

perform as

anticipated for

any reason

could disrupt

our business

and

could result in decreased

performance and increased

operating costs, causing

our business and results

of

operations to

suffer.

We

do not

maintain cyber-liability

insurance at

this time

to

cover such

losses. Any

significant

interruption

or

failure

of

our

information

systems

or

any

significant

breach

of

security

could

adversely affect

our business

and results

of operations.

We have

taken extensive measures

to enhance

our

security

infrastructure,

reform

network

architecture,

and

implement

rigorous

security

policies,

culminating

in

ISO

27001

certification.

Key

initiatives

include

establishing

security

testing,

business

continuity,

disaster

recovery,

and

incident

response

programs,

as

well

as

developing

a

robust

security

awareness

and

training

program

to

enhance

employee

vigilance

against

cyber

threats.

Despite

these

improvements

we

cannot

assure

you

that

we

will

be

able

to

successfully

thwart

all

future

attacks

with

causing material and adverse effect on our business.

Moreover, our risk of cyber-attacks and other sources of security breaches

and incidents may be elevated