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Risky Thinking
On Risk Management, Business Continuity, and Security
26 July, 2017
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Business Impact Analysis (Definition)

Analysis which identifies the resources critical to an organization's continued existence, identifies threats posed to those resources, assesses the likelihood of those threats occurring, and the impact of each of those threats on the organization.

One output of a business impact analysis is a prioritized list of the risks which should be addressed.

See Also: Business Continuity Planning.

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