Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 47

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 47
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technologies. Security breaches (including ransomware attacks) could also materially and adversely affect the Company’s reputation
with consumers and third parties with whom it does business, as well as expose it to regulatory and litigation risk, which could be exacerbated
if it is determined that known security issues were not addressed adequately prior to any such breach. It is possible that advances in
computer capabilities, new discoveries, undetected fraud, inadvertent violations of the Company’s policies or procedures or other
developments could result in a compromise of information or a breach of the technology and security processes that are used to protect
consumer transaction data. In addition, the Company’s current work-from-home policy may increase the risk of security breaches,
which could result in the misappropriation or misuse of PI. As a result, the Company’s current security measures may not prevent
all security breaches. The Company may be required to expend significant capital and other resources to protect against and remedy any
potential or existing security breaches and their consequences. The Company also faces risks associated with security breaches affecting
third parties, including its third-party partners and vendors. In addition, the Company faces risks resulting from unaffiliated third
parties who attempt to defraud, and obtain personal information directly from, its customers by imitating it. Any publicized security
problems affecting the Company’s businesses and/or those of third parties, whether actual or perceived, may discourage consumers
from doing business with the Company, which could materially and adversely affect its business, financial condition, and results of operations.

There can be no assurance that
any of the above risks will not occur or, if they do occur, that they will be adequately addressed in a timely manner. If any loan applicant,
customer, or team member’s information is inappropriately accessed or acquired and used by a third party or a team member for illegal
purposes, such as identity theft, Beeline may be responsible to the affected applicant or customer for any losses he, she or they may
have incurred as a result of misappropriation or other improper use. In such an instance, we may also be subject to regulatory action,
investigation or be liable to a governmental authority for fines or penalties associated with a lapse in the integrity and security of
its loan applicants’, customers’ or team members’ information. he Company may be required to expend significant capital
and other resources to protect against and remedy any potential or existing security breaches and their consequences. In addition, our
remediation efforts may not be