IDC PlanScape: Business Impact Assessment to Prepare for Business and Security Disruptions

IDC PlanScape Figure

• Figure: IDC PlanScape: Executive Summary of Business Impact Assessment to Prepare for Business and Security Disruptions

Executive Summary

Why Is Business Impact Assessment Important?

What Is Business Impact Assessment?

• Overview of Performing the BIA

Who Are the Key Stakeholders?

How Can My Organization Take Advantage of Business Impact Assessment?

• How the BIA Integrates into the BCP Framework

Advice for Technology Buyers

• Steps to Creating the Business Impact Assessment

• 1. Prepare

• 2. Identify and Assess Business Disruption Risks

• Table: Example of Threat Categories and Threats

• 3. Assess Disruption Risks

• Table: Risk Rating of Threats by Threat Category

• 4. Identify Critical Business Functions and Critical Business Processes

• Hypothetical Brokerage

• Table: Critical Business Process and Minimum Tolerable Downtime for Hypothetical Brokerage

• Table: Assessment of Critical Business Processes for a Hypothetical Brokerage

• 5. Identification of Critical Assets

• 6. Develop Recovery Strategies and Documentation

• 7. Refine and Maintain the BIA

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