An insured international manufacturer and distributor of irrigation products experienced lost business income and expenses due to the loss of its website. CRA assisted insured prepare and submit lost business income and expense claims due to a ransomware attack. Our professionals successfully worked with insured to submit a fair and equitable insurance claim to the insurer that was ultimately reimbursed in full.
Are big ransom payments a smart response to the global menace of ransomware?
Many companies find it helpful to assess the associated risks through multiple lenses, including: “Business Risk” lens Reputation: payments can strengthen the...