article thumbnail

Identifying the Optimal Process and Department Level to Perform a Business Impact Analysis

Fusion Risk Management

In the business continuity management lifecycle, conducting a business impact analysis (BIA) is crucial for understanding the potential impacts of disruptions. Business Process: A set of interrelated or interacting activities which transforms inputs to outputs. What is a Business Process?

article thumbnail

Business Continuity Software: What to Know Before You Buy

Castellan

While these processes and older, expensive governance, risk, and compliance (GRC) tools have been used in business continuity for decades, if you’ve relied on any of them, you know they’re time-consuming, error-prone, and a real headache. What is business continuity software?