Glossary

BIA - Business Impact Analysis

Definition

What is a Business Impact Analysis (BIA)?

A Business Impact Analysis (BIA) is a vital process in information security risk management. It involves planning and analyzing the impact of events like technological or other disasters on business operations. The process includes collecting data on business activities, identifying critical business processes (CBP) and critical business assets (CBA), and assessing the potential impacts of data loss or operational disruptions.

The goal is to help the organization understand and effectively manage these impacts, minimizing financial loss and reputational damage. The insights gained from a BIA can be used to develop practical plans like DRP, IRP, and BCP, and to set limits such as RTO and RPO.

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