Key components of Business Impact Analysis (BIA)

Write at least a 150-word response to each Topic listed below: Topic 1: Business Impact Analysis Business Impact Analysis (BIA) is the process of evaluating a business’s critical systems to determine what a failure, disaster, or breach would do in terms of loss. Outline the key components of BIA and briefly explain how you would implement a Business Continuity Plan (BCP). Share one event you think could devastate an organization with your classmates. Cite your resources. Topic 2: Risk Assessment Scenario You are the network administrator for a small manufacturing company. The manufacturing equipment is the most expensive asset with a value of $500,000. Other assets include the building and contents, and the IT equipment such as servers and computers. Do a simple risk calculation using the SLE x ARO = ALE analysis. Explain your entries. Share with your classmates two possible actions you would recommend to reduce the risk for your company. Cite your resources.