what is a Business Impact Analysis BIA how is the BIA used i

what is a Business Impact Analysis (BIA) how is the BIA used in the DR and BC planning process?

Solution

BIA is systematic process which determines and evaluates the potential effect of an interruption to the critical business operations. And these may be as a result of a disaster,any accident or an emergency which may come at any time.It is an essential component of an organization\'s business continuance plan without this business may not in a position to be in a success.The result is a business impact analysis report, which describes the potential risks specific to the organization studied.

BIA is used in DR(Disaster Recovery) and BC(Business Continuity) planning process as the report is being generated and that report has all the varoius factors which lead adverse impact on the business.

The BIA helps to reduce the adverse effect caused which always provide help to Business Continuity. All factors in the report are considered and immidiate action is taken.

With distributed networks, increasing demands for confidentiality, integrity and availability of data, and the widespread risks to the security of personal, confidential and sensitive data, no organization can afford to ignore the need for disaster planning. IIn todays world BC and DR for IT professional provides coverage to natural hazard, man-made hazard and even to accidental hazard.

this provide the professional various types of benefits to cover the losses.