Business Impact Assessment
A business impact assessment (BIA) is a process that identifies and assesses the impact of potential disruptions to an organization’s business operations and processes.
The aim of a BIA is to help organizations prioritize resources and develop contingency plans and controls to mitigate the impact of disruptions. Typically, a BIA will involve a number of key stakeholders within an organisation from various departments.
As many business operations are reliant on IT systems it is essential the organisation knows the impact of the risks on these systems.
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