Massachusetts and Washington D.C. Courts to be closed for Patriot’s Day and Emancipation Day

Fri, April 12th, 2013 - 2:51 pm - By Gordon Basichis

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For those employers conducting background checks as part of their employment screening program, please take note…

Mass Courts Closed 4/15; DC Courts Closed 4/16 

All courts in Massachusetts will be closed on Monday, April 15, 2013 in observance of Patriots’ Day. Washington, D.C. courts will be closed on Tuesday, April 16, 2013 in observance of Emancipation Day.



Big Corporations Tell SEC That Cyber Attack Losses Are Minimal

Mon, April 8th, 2013 - 12:39 pm - By Gordon Basichis

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Large Corporations are explaining that the persistent cyberattacks that the federal government has reported as major threats to both proprietary information and the revenue stream have actually done little to hurt the bottom line.  Large companies such as MetLife, Coca-Cola, and Honeywell reported limited losses as opposed to the billions federal officials have been claiming.

This is a tough one.  A maybe-maybe not situation.   It may explain the relative lethargy among the large corporations to tighten by their security against cyberattacks.   As with a number of things, nobody sees the reason to bear down now, as the losses are less costly than the expense of developing new security measures.   But then should one large corporation get so ruthless attacked that they do lose more precious trade secrets, events can turn on a dime.

According to an article in Bloomberg…”There is a clear discrepancy between what companies are reporting to their stockholders and what they’re declaring to policy makers,” said Sascha Meinrath, vice president of the New America Foundation, a Washington-based policy group. The confusion harms the ability of legislators and agency officials to understand cybersecurity, Meinrath said.

This issue should prove more interesting and potentially more problematic over time.

Corra Group Expands Due Diligence Background Checking Services for Start Ups and Private Equity Groups

Mon, April 1st, 2013 - 1:22 pm - By Gordon Basichis

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Corra Group has expanded its due diligence services to startup companies, private equity and financial groups. As these companies have intensified their research on merger and acquisition prospects and startup businesses, the Los Angeles based service has sourced new national and global markets so that it can provide the necessary background checks to meet current and future researching capability.

“There is no denying the last several years have brought changes to the financial industry in general and to the startup initiatives, mergers and acquisitions, and the credit and lending sector, specifically,” said Gordon Basichis, Corra Group, Co-Founder. “Since the Recession, financiers are more wary of getting involved with businesses. Simply put, investors want to know what they are getting themselves into.”

Basichis pointed out that investors want to know more about the principals at the startups where they are considering investment opportunities. “They want to know about any criminal histories or any civil lawsuits that could red flag moving forward,” said Basichis. “They want to know if there are any embarrassing incidents that may adversely affect branding or the successful development of a company.


For the entire press release please click on this link

Corra Group to Close Early for Good Friday

Thu, March 28th, 2013 - 2:21 pm - By Gordon Basichis

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For those conducting background checks for employment screening, please take note that Corra Group will close early, Friday, March 29th, for Good Friday.   The background checking service will close at noon, Pacific Time.

Corra Group will reopen for regular business hours on on Monday April 1st.

A Happy Easter to All who celebrate.

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