Harriet Bateman
ACA
Director
+1 (212) 697 6900
Harriet Bateman is a director with Baker Tilly’s forensic, litigation and valuation services practice. She is an experienced forensic accountant and has focused her career on calculating and quantifying losses for insurance and legal professionals. Harriet has experience working with a variety of industries to measure physical and nonphysical business interruption losses resulting from property events or cyberattacks. In more recent years, Harriet has focused on the valuation of business income losses arising from cyberattacks across different types of insurance policies. These include stand-alone cyber policies, kidnap ransom and extortion, computer violation, computer fraud and other casualty/financial lines. Fluent in Spanish, Harriet has worked extensively with clients in Spain and Latin American countries.
- Reviewed business interruption losses arising following a malware attack on the servers of a global hotel chain based in Spain. Our forensic accounting and forensic technology teams worked together to review the First Response Forensic Report and understand how the attack had impacted the insured’s ability to operate. A significant part of the analysis focused on the insured’s claim. The key impacts had been felt at the call center, so we worked with them and analyzed the daily revenue that had been lost as a result of the interruption
- Reviewed the business income loss suffered by a large international law firm following a ransomware attack. Our review included a detailed analysis of the insured’s daily billings by hours and by value before, during and after the interruption period. We also reviewed the extent to which the insured had lost the ability to generate new work during the interruption period and extended period of liability
- Reviewed the business income loss suffered by an online jewelry retailer following a Denial of Service attack on its online sales made through a third party. The attack had impacted the automated updating of stock levels thus impacting the sales of the business. The insured had a variable budget due to the nature of its business which depended largely on events such as sales, payday, and bank holidays. We reviewed the reasonableness of the budget in the context of both the insured’s historic performance against budget, as well as against current factors impacting the business at the time of the incident. We also undertook an analysis of the rate of gross margin by considering the variable and fixed costs of the business and reviewed the period of loss and application of the waiting period
- Harriet has been involved in the preparation of expert accounting evidence for trial for both claimants and defendants
- Harriet has prepared and presented a number of seminars to U.K. and Spanish clients on the calculation of business interruption losses, cyber related matters and the impact of macroeconomic issues on loss quantification
- Institute of Chartered Accountants in England and Wales, member
Location
New York, NY
Education
Bachelor of Science in economics with Spanish
University of Birmingham