Business Impact Analysis (BIA)
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Techopedia Explains Business Impact Analysis (BIA)
A business impact analysis can work on several levels. An organization-wide BIA will identify large risks and their fallout, such as losing all the data on the company servers. A branch or department BIA will highlight the particular systems that are critical to those users and what would happen if they were unable to access them. The overall business continuity plan will contain steps for addressing any problems, but a BIA can be very helpful in spotting obvious weaknesses before they become serious issues.Related Question
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