business impact analysis

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Business Impact Analysis: Businesses are prone to attacks of different kinds and management has to be prepared to meet this contingency through identified disaster and recovery efforts. The purpose of the BIA is to identify the organization's mandate and critical services or products; rank the order of priority of services or products for continuous delivery or rapid recovery; and identify internal and external impacts of disruptions. It is important that firms chalk out their recovery plans and continuity plans so that their critical assets and services are not disrupted or halted in any way. (Doughty) The methods for establishing component priorities: The firm must make a check list of all its critical deliveries and determining those dependencies on which the firm relies heavily...

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09/27/2016
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business-impact-analysis-16.docx
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