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Risk Management Process- Part 2: Business Impact Analysis

Zerto

The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. This time, we are exploring one of those key parts: the business impact analysis (BIA) process.

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More Than Meets the Eye: The Hidden Benefits of BC Planning 

MHA Consulting

Such a program delivers more than meets the eye. We’ll look at examples pertaining to incident management, the business impact analysis (BIA), third-party vendors, risk assessments and exercises, and time and effort. Activating the team can prompt an organization to consider many items that might otherwise be forgotten.

BCM 52
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Understanding Recovery Time Objectives: A Key Component in Business Continuity

Erwood Group

How RTO Impacts Business Continuity and Recovery 1. Strategic Planning Establishing an RTO requires a thorough understanding of business processes and their dependencies. This insight is crucial for strategic planning and resource allocation. To mitigate this, we perform a Financial Impact Analysis alongside the BIA.

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The Importance of Risk Analytics

LogisManager

This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes. The Internal Auditor’s Guide The Audit guide is a valuable resource for your risk and audit teams to work together to make sure you are meeting the obligations of the board.

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The Common Mistake of “Inviting by Title”

MHA Consulting

As business continuity consultants, we at MHA often encounter a situation we call “inviting by title,” which is when our contact at the client company has us meet with high-level company executives rather than mid-level employees with detailed tactical knowledge. Who in the company possesses a security token?”

BCM 97
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The Importance of Risk Analytics

LogisManager

This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes. The Internal Auditor’s Guide The Audit guide is a valuable resource for your risk and audit teams to work together to make sure you are meeting the obligations of the board.

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Safeguarding Your Computer Systems: How to Build an IT Disaster Recovery Team

MHA Consulting

When organizations lack a comprehensive planning team that meets regularly and makes a concerted effort to identify and close the gaps between the needs of the business units and the capabilities of IT, then IT has no clue about what its need to do in recovery and when. Disaster Recovery Coordinator. Business Continuity Representative.