James Giszckak, co-president and co-chair of the firm's Data Privacy and Cybersecurity Practice Group, recently sat down with Crain's Detroit Business reporter, Kurt Nagl, to share his decades of experience helping clients navigate data breaches and cybersecurity incidents.
The article, titled "Cybersecurity is big business for adviser James Giszczak," broached subjects like the growth of the cybersecurity practice, the industries that are frequently targeted in attacks and the origins of attacks.
The following is an excerpt from the article:
James Giszczak, co-president at Bloomfield Hills-based business advisory firm McDonald Hopkins, has seen all sorts of cyberattacks in his three decades of experience. He says the amount and severity of the attacks across all industries has increased dramatically in the past five years with bad actors proliferating in Russia, China and elsewhere. That has kept Giszczak’s cybersecurity practice — the fastest-growing piece of business for the firm — humming all hours of the day and night.
The following conversation has been condensed and lightly edited for clarity.
How has your cybersecurity practice grown in recent years?
We've seen the growth really across our platform. So every one of our offices has added data privacy attorneys. In addition, we've got a dozen or so that are 100% remote and spread across the country. So from our perspective, we've seen consistent steady growth. It has been the fastest-growing area in the firm by far. We're averaging now 2,200 to 2,300 data security incidents a year. And then on the litigation front, we've seen a dramatic rise in litigation over the last three to four years, and we've had to expand our data privacy litigation group as well. We have 45 attorneys total that are practicing in our data privacy and cybersecurity team. It started with two: myself and partner Dominic Paluzzi.
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