target audience: TECH BUYER Publication date: May 2024 - Document type: IDC PlanScape - Doc Document number: # US51848224
IDC PlanScape: Business Impact Assessment to Prepare for Business and Security Disruptions
Content
List of Tables
List of Figures
Related Links
Table of Contents
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IDC PlanScape Figure
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Figure: IDC PlanScape: Executive Summary of Business Impact Assessment to Prepare for Business and Security Disruptions
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Executive Summary
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Why Is Business Impact Assessment Important?
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What Is Business Impact Assessment?
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Overview of Performing the BIA
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Who Are the Key Stakeholders?
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How Can My Organization Take Advantage of Business Impact Assessment?
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How the BIA Integrates into the BCP Framework
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Advice for Technology Buyers
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Steps to Creating the Business Impact Assessment
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1. Prepare
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2. Identify and Assess Business Disruption Risks
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Table: Example of Threat Categories and Threats
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3. Assess Disruption Risks
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Table: Risk Rating of Threats by Threat Category
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4. Identify Critical Business Functions and Critical Business Processes
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Hypothetical Brokerage
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Table: Critical Business Process and Minimum Tolerable Downtime for Hypothetical Brokerage
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Table: Assessment of Critical Business Processes for a Hypothetical Brokerage
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5. Identification of Critical Assets
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6. Develop Recovery Strategies and Documentation
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7. Refine and Maintain the BIA
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Related Research