Lessons Emerging from Disaster

Many organizations that were affected on Sept. 11 found themselves in the midst of their worst-case scenario with respect to disaster recovery and business continuity planning.

The TowerGroup has estimated that it would cost approximately $3.2 billion to replace the technology destroyed for securities firms impacted in the World Trade Center disaster. Of this estimate, TowerGroup further anticipated that $1.7 billion would be spent on hardware, consisting of trading stations, sales stations,

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