Business Impact Analysis (BIA) is a process used to identify and assess the potential impacts of disruption or disaster on an organization’s business operations. It helps to evaluate the financial, operational, and reputational losses that could occur, allowing organizations to take preventive measures to reduce their risks and better manage crises.
For information about BIA, please view guidance on this topic from the following resources:
- the Centers for Medicare & Medicaid Services;
- the Cybersecurity and Infrastructure Security Agency (CISA);
- the National Institute of Standards and Technology (NIST).