The cost of restoring the IT infrastructure damaged in last week's terrorist attacks has been put at $15.8bn (£10.8bn) by US research company Computer Economics.
The firm said the immediate cost of restoring services damaged in the attacks would be $1.7bn ($1.2bn), with a long-term impact of $8.1bn (£5.5bn) on end-user organisations.
The long-term impact on communi-cations infrastructure was put at $6bn (£4.1bn) by Computer Economics.
"It is likely that more than 100,000 information intensive workers will be relocated to temporary and new permanent facilities," a statement said.
These costs include acquiring and installing telecommunications and data communications support and replacing servers and computers.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
