The Inner Circle

 View Only

NIST IR 8286D Using Business Impact Analysis to Inform Risk Prioritization and Response draft for comment

  • 1.  NIST IR 8286D Using Business Impact Analysis to Inform Risk Prioritization and Response draft for comment

    Posted 26 days ago
      |   view attached
    Hi All,

    NIST just published for comment NIST IR 8286D, Using Business Impact Analysis to Inform Risk Prioritization and Response.

    Traditional business impact analyses (BIAs) have been successfully used for business continuity and disaster recovery (BC/DR) by triaging damaged infrastructure recovery actions that are primarily based on the duration and cost of system outages (i.e., availability compromise). However, BIA analyses can be easily expanded to consider other cyber-risk compromises and remedies.

    This initial public draft of NIST IR 8286D, Using Business Impact Analysis to Inform Risk Prioritization and Response, provides comprehensive asset confidentiality and integrity impact analyses to accurately identify and manage asset risk propagation from system to organization and from organization to enterprise, which in turn better informs Enterprise Risk Management deliberations. This document adds expanded BIA protocols to inform risk prioritization and response by quantifying the organizational impact and enterprise consequences of compromised IT Assets.

    The public comment period for this draft is open through July 18, 2022. See the publication details for a copy of the draft and instructions for submitting comments.

    ------------------------------
    Michael Roza CPA, CISA, CIA, MBA, Exec MBA
    ------------------------------