Business Impact Assessment

Business data is an asset and has tangible value. But some data has more value than others. Most organizations don’t actually calculate the value of information or the cost to the business of losing some or all of it. Before you can do a disaster recovery plan you have to plan why you need it. And what you need to have to fully appreciate why you need a disaster recovery plan is a business impact assessment (BIA). This will result in knowing the cost of not having a disaster recovery plan in real money. The conclusion most organizations will come to is that the cost of producing and maintaining a BIA is proportionally very little compared to what it will have saved them in the event of a disaster.

A business impact ...

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