Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 201

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 16K
Chunk 201
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 a cybersecurity breach of our IT systems and our customer-facing devices.
 

 152 
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To date, no cybersecurity incident (or aggregation of incidents) or cybersecurity threat has materially affected our results of operations or financial condition. However, an actual or perceived breach of our security could damage our reputation, cause existing clients to discontinue using our Deep TMS systems, prevent us from attracting new clients, interfere with the progress of our clinical trials, interfere with our efforts to pursue regulatory approvals for our product candidates, or subject us to third-party lawsuits, regulatory fines or other actions or liabilities, any of which could adversely affect our business, operating results or financial condition. During the year ended December 31, 2024 we purchased a cyber liability insurance policy. For further information, see also “Item 3D. Risk Factors - Risks Related to our Business and Industry.”