highlights how a major mortgage software breach is driving a surge in demand for Tier-4 data centers and pushing lenders to tighten underwriting around digital and physical security. Industrial construction is up 21% month-over-month, but growth is concentrated in megaprojects tied to AI and advanced manufacturing. Regional data center operators face rising compliance costs and tougher partnership standards, widening the gap between certified and legacy assets. The report underscores that cyber risk has become a core real-estate capital issue, reshaping investment flows, underwriting discipline, and operator strategies. Regulatory pressure and security-driven capital allocation are expected to intensify into 2026.