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What is a Business Impact Analysis (BIA)?

Stratogrid Advisory

What is a Business Impact Analysis (BIA)? The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. A properly executed BIA will reduce overall operational and financial impacts, reduce potential losses and enhance the business operations of your organization.

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What’s the difference between a risk assessment and a business impact analysis?

IT Governance BC

Whether you’re creating a disaster recovery or business continuity plan, you must conduct a risk assessment and a BIA (business impact analysis). There are plenty of examples of risks, which usually fit into one of six categories , but not all will be applicable to your organisation. Business impact analysis.

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BCP vs. DR Plans: What Are the Key Differences?

Zerto

Instructions about how to use the plan end-to-end, from activation to de-activation phases. References to Runbooks detailing all applicable procedures step-by-step, with checklists and flow diagrams. Note that the DRP can be invoked without triggering the activation of the BCP. The purpose and scope of the BCP.

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Risk Assessment, BIA, SLAs, RTOs, and RPOs: What’s the Link? MTD and MTDL

Zerto

Risk assessment, business impact analysis (BIA), and service level agreement (SLAs) are indispensable to the development and implementation of business continuity and disaster recovery (BCDR) plans. Differentiating Between Risk Assessment (RA) and Business Impact Analysis (BIA). What Is a Business Impact Analysis?

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

This statement is quite a mouthful, but it boils down to the identification of organizational threats, management of their impacts, and building response strategies to protect critical resources. The BCM program contains three distinct implementation phases; its activities are outlined in the table below.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Section 4 - Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. The BCM program contains three distinct implementation phases; its activities are outlined in the table below. Section 3 - Risk Assessment.

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Comparing Resilience: Business, Operational, IT, and Cyber – Part Two

Zerto

Deep understanding of your operational gaps and exposures through risk assessment and business impact analysis (BIA)—this must consider third-party vendors and partners. As businesses are all in some ways digital—depending on applications, digital services, etc.—so Excellent governance, risk, and compliance (GRC) framework.