Lab Week 4
1 What is the goal and purpose of a BIA?
A business impact analysis is a study used to identify the impact that can result from disruptions in the business. It focuses on the failure of one or more critical IT functions. BIA helps you identify the systems critical to the survival of an organization. Cost and downtime for the critical systems is also included in the BIA.
2 Why is a business impact analysis (BIA) an important first step in defining a business continuity plan (BCP)?
The business impact analysis sets the stage for the Business continuity plan by identifying critical business functions. The BCP coordinator then develops the BCP to support these CBFs. The BCP coordinator has assistance from one or more BCP teams and team leads. Basically the BIA identifies critical systems that need to be covered in the BCP.
3 How do risk management and risk assessment relate to a business impact analysis for an IT infrastructure?
Risk management and risk assessment relate to a BIA for an IT Infrastructure: Once a risk assessment has been assessed and risks have been identified, they can be used in recognizing some of the causes that possibly caused one or more IT function failures.
4 True or False - If the Recovery Point Objective (RPO) metric does not equal the Recovery Time Objective (RTO), you may potentially lose data or not have data backed-up to recover. This represents a gap in potential lost or unrecoverable data.
True
5 What questions would you have for executive management prior to finalizing a BIA report?
Is the BIA going to help the company develop the DRP? How often will we review the information, and who will be paid during interptions.
6 How does a BCP help mitigate risk?
It shows the companies vulnerabilities, and helps create a BCP.
7 What kind of risk does a BCP help mitigate?
What are the mission critical business functions.
8 If you have business liability insurance, asset replacement insurance, and natural disaster insurance,
