Protection Via Business Impact Analysis in a Cyber World: A 3-Part Series

Abstract

The purpose of this text is to understand the business impact analysis (BIA) needed to guard against cyber-attacks and survive attacks if and when they occur. Business impact analysis, an accepted risk management term for the process of defining the proportional significance or criticality of elements, determines the prioritization, planning, preparation, and other activities of business management strategy. First, the researcher presented BIA as key planning, preparatory and related activities proposed to confirm that companies’ significant business functions will either continue to operate notwithstanding grave disasters or incidents of cyber terrorism, or will be recovered to an operational state within a reasonably short period. This research showed how BIA and procedure provides a multiplicity of benefits. Conclusions were the development of a BIA structure to guide analysis, as well as strategy determination and documentation. This text offers to learners, practitioners, and academicians information for long and short term, BIA risk and BIP management strategies.