Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 259

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 259
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using or purchasing our solutions in the future. These events can have a material adverse impact on our business, results of operations,
financial condition and reputation.

Because
our products and services involve the storage, use and transmission of personal information of consumers, we may be the target of attempted
cyber and other security threats by outside third parties, including technically sophisticated and well-resourced bad actors attempting
to access or steal the data we store. Vendor, insider or employee cyber and security threats also occur and are a significant concern
for all companies, including ours. There have, in the past, been a number of high-profile security breaches involving the improper dissemination
of personal information of individuals both within and outside of the healthcare industry. These breaches have resulted in lawsuits and
governmental enforcement actions that have sought or obtained significant fines and penalties, and have required companies to enter into
agreements with government regulators that impose ongoing obligations and requirements, including internal and external (third party)
monitorships for five years or more. While we maintain liability insurance coverage including coverage for cyber-liability, claims may
not be covered or could exceed the amount of our applicable insurance coverage, if any, or such coverage may not continue to be available
on acceptable terms or in sufficient amounts.

-12-

We
rely on Internet infrastructure, bandwidth providers, data center providers, other third parties and our own systems in providing certain
of our solutions to our customers, and any failure or interruption in the services provided by these third parties or our own systems
could expose us to litigation and negatively impact our relationships with customers, adversely affecting our brand and our business.

Our
ability to deliver our solutions is dependent on the development and maintenance of the infrastructure of the Internet and other telecommunications
services by third parties. This includes maintenance of a reliable network connection with the necessary speed, data capacity and security.
As a result, our information systems require an ongoing commitment of significant resources to maintain and enhance existing systems
and develop new systems in order to keep pace with continuing changes in information technology, emerging cybersecurity risks and threats,
evolving industry and regulatory standards and changing preferences of our customers.

We
may experience interruptions in these systems, including server failures that temporarily slow down the performance of our solutions.
We rely on internal systems as well as vendors, including bandwidth and telecommunications equipment providers, to provide our solutions.
We do not maintain redundant systems or facilities for some of these services. Interruptions in these systems, whether due to system
failures, computer viruses, physical or