This was last published in May How to plan for the worst possible disaster recovery scenarios Your worst-case DR scenario today might be vastly different than it was just a few years ago. Organisations may choose to conduct BIA to identify their critical business functions followed by RA to analyse and mitigate the potential risks faced by each business operations and processes. October 9, at
ISO 27001/ISO 22301 Knowledge base
Challenges include determining the revenue impact of a business function and quantifying the long-term impact of losses in market share, business image or customers. It is NOT to be confused or conflated with risk management, which is similar but separately defined as the identification, assessment, and prioritization of risks, followed by coordinated and economical application of resources to minimize, monitor, and control the probability and impact of unfortunate events. See details. Essential Guide Browse Sections.