Business Continuity Disaster Recovery
Business Impact Analysis (BIA) This involves determining the operational and financial impact of a potential disaster or disruption, including loss of sales, credibility, compliance fines, legal fees, PR management, etc. It also includes measuring the amount of financial/operational damage depending on the time of the year. A risk assessment should be conducted as part of the BIA to determine what kind of assets are actually at risk – including people, property, critical infrastructure, IT systems, etc....