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US Data Breach Lawsuits Total $155M Amid Cybersecurity Failures
New research by cybersecurity firm Panaseer has found that US companies paid out a total of $155m in class action lawsuits related to data breaches over the last six months. In an examination of all data breach class action filings from ClassActions.org and settlements from Top Class Actions between August 2024 and February 2025, the company found that 43 lawsuits were filed, and 73 settlements were reached. Settlements averaged around $3m, with the largest reaching…
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