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Regulatory fines could be the tip of the iceberg for enterprises as data breach lawsuits expected to surge in 2025

The associated costs of data breaches are set to diversify according to Forrester, with the analyst firm predicting that fines won’t be the only financial consideration in the wake of a cybersecurity incident in 2025. Dubbed ‘Predictions 2025: Cybersecurity, Risk, And Privacy,’ Forrester’s report suggested breach-related class action costs will surpass the cost of regulatory fines by 50% in the…