A Business Impact Analysis (BIA) is a systematic process designed to determine and evaluate the potential impacts resulting from disruption of business operations and processes. The primary purpose of a BIA is to identify critical business functions, their resource dependencies, and the potential operational and financial impacts if these functions are interrupted. This information becomes the foundation for determining recovery priorities, timeframes (such as Recovery Time Objectives and Recovery Point Objectives), and resource requirements for business continuity planning. The BIA helps organizations understand what could happen during a disruption rather than focusing on specific threats or how to respond to them, which are addressed in other components of the business continuity planning process.
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What are Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO)?
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ISC2 CISSP
Security and Risk Management
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