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Back-Up Files Help Financial Firms Reconstruct after World Trade Center Attack.
Sep. 13--It was one of the most dramatic images from the World Trade Center attack: a confetti-like blizzard of paper floating to the ground amid the fiery devastation.
In addition to the lives lost, the dozens of firms located in the two towers lost everything from client accounts to trading records to personnel files. The list of businesses affected reads like a who's who of finance: From Morgan Stanley Dean Witter & Co. to Kemper Insurance Cos. and Aon Corp.
Before business can even approach a return to normalcy, those records will need to be reconstructed so employees can receive paychecks or insurance benefits and so customers can place trades or move money.
But it turns out that replacing all those records may be one of the easiest parts of a recovery that is expected to take months at best. That's because most large companies back up financial data and other critical information continuously--or at a minimum, on a daily basis--and secure it at offsite…
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