Section: Security Assessment and Testing

Section: Mixed questions

Business continuity is of course a vital activity. However, prior to the creation of a business continuity plan, it is essential to consider the potential impacts of disaster and to understand the underlying risks. It is now widely accepted that both business impact analysis and risk analysis are vital components of the business continuity process. However, many organizations are unsure of how to approach these important disciplines.
BIA is important because it provides management level analysis by which an organization assesses the quantitative (financial) and qualitative (non-financial) impacts, effects and loss that might result if the organization were to suffer a
Business Continuity E/I/C. The findings from a BIA are used to make decisions concerning Business Continuity Management strategy and solutions.