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Assessing and managing risk and its potential impact on business is a critical role of business leaders. With the world becoming increasingly digital, IT departments must manage and mitigate more and more risk using both new technology and improved processes and practices. Business ImpactAnalysis. Unplanned Downtime.
As business continuity managers, we should have done our key supplier analysis. In the BIA (Business ImpactAnalysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?
As business continuity managers, we should have done our key supplier analysis. In the BIA (Business ImpactAnalysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?
Description: This course will outline the differences between a business continuity plan and a disaster recovery plan, how to identify risks or threats, how downtime can impact an organization, and how to mitigate that downtime. The course begins with a discussion about risks, threats, and incidents. GO TO TRAINING. GO TO TRAINING.
As business continuity managers, we should have done our key supplier analysis. In the BIA (Business ImpactAnalysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?
Once you know your critical functions you should also conduct a risk assessment and then a business impactanalysis that allows you to properly assess situations that could negatively impact your business. Business continuity is an investment in risk reduction and organizational resilience.
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