BI.ZONE releases in-depth guidelines on business impact analysis

Readers will have step-by-step instructions on how to run a business impact analysis (BIA) in their organizations along with practical recommendations on ways to boost cyber maturity

April 27, 2023

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The new document is part of The path to digital leadership series of publications dealing with the aspects of business continuity management.

The guidelines contain five sections focusing on how the BIA can assist organizations in addressing various tasks, such as building a cyber risk management strategy and reducing the impact of human error on cybersecurity. They also offer practical insights into the economics of cyber insurance and the orchestration of threat monitoring operations.

BI.ZONE experts recommend starting with the first chapter. It explains what a business impact analysis is, what value it delivers, and how to run it effectively. In the chapter, the readers are also introduced to some BIA standards and terms. This theoretical foundation will help them get a good grasp of the analysis process and easily comprehend the content of the other sections, which can be read in any order.

In January 2023, BI.ZONE withstood a massive DDoS attack. Peaking at over a terabit per second, it would have resulted in a long‑term full‑scale unavailability of digital services for most organizations. In our case, the incident had no impact on the company’s operations because both our infrastructure and our employees had been prepared for dealing with emergencies. In turbulent times, it is especially important to understand the consequences of adverse events and the means to mitigate losses. One way to gain such understanding is to run a business impact analysis, which is the subject of our new material.

Muslim Medzhlumov

Chief Product and Technology Officer, BI.ZONE

The guidelines contain specific terms and expert approaches. However, the material will be useful for both the security professionals and business managers that might have different areas of influence and responsibilities. The main idea behind the publication is to help companies boost business resilience, mitigate the impact of critical risks, and achieve a market edge.

You can download the full text of Business impact analysis to reinforce the cyber resilience of your company here.