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Running Head: MANAGING RISKS IN INFORMATION SYSTEMS
Managing risks in information systems.
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MANAGING RISKS IN INFORMATION SYSTEMS
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Managing risks in information systems.
1. Define business impact analytics(BIA)
It is a process used to identify and evaluate the effects caused by either man made or
natural events on a business.
2. Using your favorite search engine, search for information on a business continuity
plan (BCP).
A business continuity plan helps an organization to prevent any potential treats that can
affect normal business operations. It also states the steps that should be followed to
overcome disaster incidences. The disaster management team is responsible for ensuring
that data is safely stored in an offsite location where it cannot be affected in case of a
catastrophic occurrence. This ensures that normal business operation will continue from
the point of failure. Potential risks that can affects business normal operations include
cyber-attacks, fire, floods and events related to weather.
A good business continuity plan should determine the effects associated with each threat,
identify and test steps to overcome the effects and be up to date.
3. Define BCP and explain how a BIA fits within a BCP.
It is the process involved in creating a system that can identify and prevent any potential
treats that can affect normal business operations. Business impacts analytics helps in
identifying the most critical objectives which can be performed in business continuity
plan to overcome a disaster. It also outlines both internal and external dependencies
which can help in implementing the business continuity plan
4. List a qualitative business imp...