Business Impact Analysis
An IS auditor should have a thorough understanding of the objectives of BIA. BIA is a process to determine and evaluate the impact of disruption on business processes and prepare accordingly to deal with such events.
The following are some of the important aspects of BIA:
- BIA determines critical processes that can have a considerable impact on business. It determines processes to be recovered as a priority to ensure an organization’s survival.
- In order to conduct a successful BIA, it is necessary to obtain an understanding of the organization, its key business processes, and its dependency on IT and other resources. This can be determined from the outcome of the risk assessment.
- The involvement of senior management, the IT department, and end users is critical for a successful BIA.
- The following are some of the approaches when it comes to performing a BIA:
- Questionnaire approach: It involves the development of a detailed set of...
