Business Continuity International-

 Business Impact Analysis (BIA)

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Business Impact Analysis (BIA)

Today's businesses are highly reliant upon complex systems, applications and networks not to mention the dependencies and interdependencies on other people and companies. 

By conducting a Business Impact Analysis (BIA) you will get a realistic picture of the amount of loss your company would be exposed to over minutes, hours, days, weeks, months. 

The output from the Business Impact Analysis (BIA) will also help you develop a strategy to help mitigate such losses should an incident take place therefore managing your company’s exposure to financial loss, reputational loss, branding & staff.

By using our services to complete a Risk and Business Impact Analysis you will ensure that you not only protect your business operations but also your bottom line!

Attention to critical business functions and processes, IT equipment, facilities, human resources. Identifying the assets and processes mapping this information back to the USERS.

The Benefits

The resulting information is compiled; the report is then presented along with a presentation to management giving you the total picture which will be easily understood by your organization, and justification in applying for budget to control the Risks and move to the next phase of the Business Continuity Management road map.

Business Impact Analysis (BIA) Sample Areas Covered

1)      Business Operations

2)      General Operations

3)      Business Units

4)      Critical Business Operations

5)      Critical Applications

6)      Critical Systems

7)      Critical Infrastructure

8)      Interdependencies

9)      Physical Environment

10)  Recovery Time Objectives

11)  Recovery Point Objectives

12)  Operational Group

13)  Support Departments

14)  Risk & Vulnerability Analysis

15)  Threats Identification

16)  Risk Probability

17)  Expected Impact

18)  Buildings

19)  Building Contents

20)  Existing Controls

21)  Exposures

22) Business Recovery Strategies

 

 

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Prevention:
Prevention addresses the positioning of those measures and activities that will lessen the possibility or the impact of an adverse incident occurring in your organization. The primary goals and objectives of the Prevention phase of a business continuity program are to protect the organization's assets and to manage risk.

Response:
Response is the reaction to an incident or emergency to assess the damage or impact and to ascertain the level of containment and control activity required. In addition to addressing matters of life safety, Response also addresses the policies, procedures and actions to be followed in the event of an emergency.

Resumption:
Resumption refers to the process of planning for and/or implementing the resumption of only the most time-sensitive business operations immediately following a disaster.

Recovery:
Recovery is the process of planning for and/or implementing expanded operations to address less time-sensitive business operations immediately following an interruption or disaster.   

Restoration:
Restoration is the process of planning for and  implementing procedures for the repair or relocation of the primary site and its contents,and  for the restoration of normal operations at the primary site.

 

 

 

BCP Consultancy Links

·     Business Continuity Institute

·         DRII

                                        ·         Standard Checklist Criteria For Business Recovery

·         FEMA Emergency Management Guide For Business & Industry

·         Business Resumption Planning Step-by-Step

·         Components of a Successful LAN Disaster Recovery Plan

·         Disaster Recovery Terminology

·         Getting Started in Disaster Recovery Planning without destroying your budget

·         Introduction to Security Risk Analysis

·         Portal for IT Continuity

·         Portal for Business Risk and Continuity Planning

·         Business Continuity Planners Association

·         Contingency Planning and Management Online

·         Critical Infrastructure Assurance Office

·         Monetary Authority of Singapore  MAS BCP

·         Hong Kong Monetary Authority  HKMA BCP