Business Impact Assessment (BIA)

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Business Impact Assessment (BIA):


The purpose of a Business Impact Assessment (BIA) is to produce a document that outlines the resources that are critical to the continued sustainability of the organization, existing vulnerabilities that could compromise those resources, probability that those threats will occur and sustained impact on the organization. Adverse effects could be financial or operational.

A vulnerability assessment is a vital element of the BIA process, and has three primary objectives:

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