A business impact analysis (BIA) is a study used to identify the impact that can result from disruptions in the business. It focuses on the failure of one or more critical information technology (IT) functions.
Another way of thinking of a BIA is that it helps with identifying the systems critical to the survival of an organization. As a reminder, survivability is the ability of a company to survive loss due to a risk. Some losses are so severe that they can cause the business to fail if they aren’t managed.
A basic understanding of the following terms is necessary when working with BIAs:
- Maximum acceptable outage—The maximum acceptable outage (MAO) identifies the maximum acceptable downtime for a system. ...