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Introducing Our Basic Risk Assessment Tool

Erwood Group

Our proprietary tool is easy to use and will quickly calculate an Overall Threat Rating based on the Probability of Occurrence and the Impact Severity on key core operations of the business. Business Impact Analysis. Advanced Risk Assessment.

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Business Continuity and Risk Management

BCP Builder

The Business Impact Analysis pulls from the Enterprise Risk Management process, the Business Continuity Plan is a series of contingency actions. The resulting Risk Register will be comprehensive and will cover almost all the risks and could be used both for Business Continuity and Risk Management. not the risk itself.

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Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. It involves identifying all potential risks that an organization may face in its operations and its assets.

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Risk Management Process- Part 1: Overview

Zerto

We will discuss risk management, the critical importance of business impact analysis (BIA) , and the essential steps involved in a thorough risk assessment. To determine your organization’s risk appetite (the amount of risk it is willing to accept to realize its objectives), you need consensus from leadership and all stakeholders.

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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. The BIA engagement will require a partnership with business stakeholders across all business units and departments. BIA - the letter "A" stands for analysis.

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Forever Free Initiativeâ„¢ Launched by the Erwood Group

Erwood Group

We at the Erwood Group believe providing these two tools will greatly benefit businesses of all sizes. These tools have long been a part of our Impact Toolkit and have been developed and used for over a decade. We will also be releasing a powerful Business Impact Analysis Tool as part of this upcoming subscription-based release soon.

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What is Business Continuity?

Erwood Group

It’s also a question that comes up all the time. According to the NFPA 1600 , Business Continuity is An ongoing process to ensure that the necessary steps are taken to identify the impact of potential losses and maintain viable recovery strategies, recovery plans, and continuity of services. Business Impact Analysis.