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Cyberattacks are gaining momentum

May 13, 2022 In The News 5 min read
Authors:
David Sikina
Cybercrimes had a hard hit on Michigan within the last year, costing the state millions of dollars. This risk will continue to spike due to the Russia-Ukraine conflict. David Sikina shares a few steps companies in Michigan and beyond can take to avoid cyberattacks.
Business woman sitting having a coffee checking her cell phone.A new report from the Federal Bureau of Investigation found cybercrimes cost Michiganders more than $181 million last year, and our expert David Sikina says the risks will only continue to rise amid the Russia-Ukraine conflict.

The FBI’s 2021 Internet Crimes Report showed Michigan was eighth among all 50 states by reported victim losses in the millions of dollars last year, with losses of $181.6 million. The report also showed the number of complaints and dollar amounts of losses have been rising steadily over the past five years, with U.S. losses of $1.4 billion across 301,580 complaints in 2017 and losses of $6.9 billion across 847,376 complaints in 2021.

David Sikina, a senior manager in the cybersecurity practice at Plante Moran’s Grand Rapids office, recently spoke to the Grand Rapids Business Journal about some steps companies can take to avoid cyberattacks.

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