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...
CRA provides insurance claims consulting to insurers and insureds, including preparing and assessing insurance claims resulting from cyber-related disruptions. We have worked on hundreds of cyber-related claims, and are not only skilled in quantifying damages – such as business interruption losses and extra expenses – and assessing liability and causation, but also well situated to assist in the assessment of technology-related expenses in accordance with the varying insuring agreements under the applicable policies. Our team works collaboratively with company management, the insurer, the insurance brokers, and legal counsel to effectively deliver our services while reaching fair and equitable settlements. If settlements are not reached, our practitioners are experienced expert witnesses in litigation proceedings.
Engagements
- 01Case solved: Electronic sabotage by former employeeOur CRA Forensic Services team investigated and determined that a former executive, whose access rights and credentials had not been revoked, was responsible...View engagement
- 02Cybersecurity insurance claim - apparelCRA assists clothing and apparel business with business interruption loss assessment.View engagement
- 03Assessment of a disputed insurance claim in excess of $150 million in business interruption lossesCRA was engaged by a large multi-national insurance company that needed to assess a disputed insurance claim in excess of $150 million in business interruption...View engagement