Business Impact Analysis (BIA) Policies
A business impact analysis (BIA) is the first step in building a security response and business continuity plan (BCP). Not all security events will require a recovery plan; however, if a security incident creates outages, you need to know which processes are most important to the business and provide for their recovery first. You can use the BIA to coordinate the security and business responses to minimize losses.
Many BIAs are based on building out multiple scenarios. Each scenario is a likely incident, and the impact of that incident is analyzed. This includes natural disasters such as a fire in the server room, as well as computer hardware failure or cyberattacks. The BIA will include the probability ...
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