What is a Business Impact Analysis (BIA)?
A Business Impact Analysis (BIA) is a process used to evaluate the potential impact of disruptions on an organization’s operations. It identifies Critical Business Processes (CBP) and Critical Business Assets (CBA) and assesses the consequences of their disruption.
BIA provides the foundation for resilience planning, including Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP).
What is a Business Impact Analysis used for?
BIA is used to define recovery priorities and establish metrics such as Maximum Tolerable Downtime (MTD), Recovery Time Objective (RTO), and Recovery Point Objective (RPO).
Organizations rely on BIA to guide investment decisions, improve resilience, and align security and recovery strategies with business objectives.