Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 63

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 63
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 prevent future occurrences.
In addition, whether there is an actual or a perceived breach of Veea’s security, the market perception of the effectiveness of
Veea’s security measures could be harmed and Veea could lose current or potential customers.

Cybersecurity
incidents may have a material adverse effect on Veea’s business, operations, financial performance, customer and vendor relationships,
reputation and brand, and may introduce the possibility of litigations or regulatory investigations or actions.

Veea’s
business operations are vulnerable to cybersecurity incidents that may impact the confidentiality, availability or integrity of information
assets, IT assets, products, services, or solutions. These incidents may include data breaches, intrusions, espionage, data privacy infringements,
leakage of confidential or sensitive data, unauthorized or accidental modification of data and general malfeasance.

Events
or incidents that are caused as a result of vulnerabilities in software or products supplied to us could have a material adverse effect
upon Veea, Veea’s business, financial performance, reputation and brand, potentially slowing operations, leaking valuable or sensitive
information, personal data or damaging Veea’s products that have been installed in Veea’s customers’ networks.

It
is possible that a cybersecurity incident in Veea’s operations or supply chain could have an adverse impact on the integrity of
solutions or services provided by Veea as well as Veea’s ability to comply with legal, regulatory or contractual requirements.
These incidents may include tampering with components, the inclusion of backdoors or implants, the unintentional inclusion of vulnerabilities
in components or software, and cybersecurity incidents which prevent a supplier from being able to fulfil commitments to Veea.

Any
cybersecurity incident including unintended use, misconfiguration, or unintended actions, involving Veea’s operations, supply chain,
product development, services, third-party providers or installed product base, could cause severe harm to Veea and could have a material
adverse effect on Veea’s business, financial performance, customer and vendor relationships, reputation and brand, and may introduce
the possibility of litigation or regulatory investigations or actions.

36

The
presence of vulnerabilities in Veea’s products, services or operations, may not be detected during product development and operations,
and may be leveraged by a threat actor to cause material harm to Veea or Veea’s customers.

Vulnerabilities
in Veea’s products, solutions or services not detected and treated during product development or solution delivery may be exploited
by a threat actor to cause harm to Veea