What is Business Impact Analysis – It is a detailed study a business activities,dependencies and infrastructure. It provides an understanding of how the organization delivers critical products and services.
It also reveals the potential impacted the disruptive incident to the organization over time. It is designed to clarify priorities specifically recovery time objectives (RTO) and recovery point objectives (RPOs).
Every component in a business is related or rely on another component. Some are most important and some are less important. For example, an organization may continue to work if the air condition stops working in the meeting room but organization will stop working if the server crashes. To summarize what is Business Impact Analysis, “BIA is a study which helps a business to explore all the components which are vulnerable and helps the business in minimizing the risks”.
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