A company’s chief information officer (CIO) has analyzed the financial loss associated with the company’s database breach. They calculated that one single breach could cost the company $1,000,000 at a minimum. Which of the following documents is the CIO MOST likely updating?
A. Succession plan B. Continuity of operation plan C. Disaster recovery plan D. Business impact analysis
Answer: D
Explanation: Business impact analysis (BIA) is the process of evaluating all of the critical systems in an organization to define impact and recovery plans. BIA isn’t concerned with external threats or vulnerabilities; the analysis focuses on the impact a loss would have on the organization. A BIA comprises the following: identifying critical functions, prioritizing critical business functions, calculating a timeframe for critical systems loss, and estimating the tangible impact on the organization.