A business impact assessment helps to analyze the impact of security breaches, and a business continuity and disaster recovery plan. BIA plays a vital role in the business continuity planning process, ensuring that senior management allocates resources in the most cost- effective way to balance operational continuity with business needs.
BIA methodologies do not only provide a technical assessment of business impacts but also a business justification for disaster recovery and business continuity plans. This assessment does require interactions from variety of people from within the organizational hierarchy. |