Absolute Business Continuity - Keeping business together

Understanding the organisation - Threat assessment

Once the Business Impact Analysis is complete it is now the time to use the Risk Management processes. If Risk Management is used before the BIA then you are likely to waste money on solutions that are not necessary.

Or worse - miss something that is vital to the organisation and that should be protected.

Basic principles include;

Terminate - stop the process.

Transfer - Outsource the process who can protect is better than you.

Tollerate - Accept the Risk. This can only be signed off by senior management.

Treat - Reduce the risk by putting in a strategy that would lessen the impact to the organisation