Sherlocked Security – Business Impact Analysis (BIA)
Your Downtime Costs More Than You Think – Let’s Quantify the Risk
📄 1. Statement of Work (SOW)
Service Name: Business Impact Analysis (BIA)
Client Type: Enterprises, Critical Infrastructure Operators, Financial Institutions, Healthcare Providers
Service Model: Organizational BIA + Department-Level Assessments + Dependency Mapping
Compliance Coverage: ISO 22301, NIST SP 800-34, FFIEC, HIPAA, GDPR
Assessment Types:
- Departmental Function Criticality Mapping
- Recovery Time Objective (RTO) & Recovery Point Objective (RPO) Evaluation
- Legal & Regulatory Impact Review
- Operational Downtime Costing
- Upstream/Downstream Dependency Analysis
- Crisis Scenario Modeling
🧠 2. Our Approach (with Visual)
🔍 Identify. Prioritize. Plan. Recover.
[Business Unit Interviews] → [Critical Function Mapping] → [Impact Quantification] → [RTO/RPO Definition] → [Dependency Analysis] → [Impact Heatmap] → [Mitigation Strategies]
🧪 3. Methodology (with Visual)
[Scope Organization] → [Data Collection & Interviews] → [Function Criticality Rating] → [Impact Analysis] → [Dependency Review] → [Risk Modeling] → [Report Delivery]
Phases:
- 🏢 Organizational Mapping
- 📊 Impact Evaluation
- 🧩 Dependency Risk Analysis
📦 4. Deliverables to the Client
- 📜 Executive Summary & BIA Report
- ⏱️ RTO and RPO Metrics per Critical Process
- 💸 Downtime Impact Cost Analysis
- ⚠️ Dependency Heatmaps (Internal/External)
- 🧠 Recommendations for Risk Mitigation
- 📈 Business Continuity Integration Guide
- 🗂️ Department-Level Scorecards
- 🏆 BIA Readiness Certificate (optional)
🤝 5. What We Need from You (Client Requirements)
- ✅ List of key business functions and contacts
- ✅ Access to department heads/stakeholders
- ✅ Past incident reports (if available)
- ✅ Organizational charts and workflows
- ✅ Access to continuity or disaster recovery plans
- ✅ Key applications and system architecture outlines
🧰 6. Tools & Technology Stack
- 📊 Survey Tools: Google Forms, Typeform, Jotform
- 🧠 Analysis: Excel, Power BI, RiskLens
- 🔍 Modeling: Business Impact Templates, ISO 22301 Toolkits
- 📚 Compliance Crosswalks: NIST, ISO, FFIEC
- 📅 Scheduling: MS Teams, Zoom, Calendly
- 📦 Document Management: SharePoint, Confluence
🚀 7. Engagement Lifecycle (Lead → Closure)
1. Scope Definition → 2. Stakeholder Interviews → 3. Criticality Mapping → 4. Quantitative Impact Analysis → 5. Risk Reporting → 6. Mitigation Strategy → 7. Review & Closure
🌟 8. Why Sherlocked Security? (Our USP)
| Feature | Sherlocked Advantage |
|---|---|
| 📈 Quantified Risk Metrics | We calculate downtime impact in real numbers |
| 🔗 Dependency-Centric BIA | Maps cross-functional and external dependencies |
| ⚠️ Visual Heatmaps | Easily digestible risk visuals for leadership |
| 🕒 RTO/RPO Optimization | Aligns business expectations with tech capabilities |
| 🧩 BCP Integration Support | Links BIA to continuity and recovery plans |
📚 9. Real-World Case Studies
🏥 Healthcare BIA for Regional Hospital Network
Issue: Patient management systems lacked downtime cost visibility
Analysis: Identified ~$50,000/hr downtime cost
Outcome: Justified new DR site funding with quant ROI
Fixes: Reduced RTO from 16 to 4 hours via cloud DR
🏦 Financial Services – Core Banking BIA
Issue: Undefined inter-system dependencies
Analysis: Identified cascading failure from upstream system
Impact: Customer service halt, reputational loss
Fixes: Built resilient sync architecture, updated BCP
🛡️ 10. SOP – Standard Operating Procedure
- Stakeholder identification and planning
- Interview scheduling and data collection
- Function and process mapping
- Impact quantification and metric collection
- Risk scenario modeling
- Dependency mapping
- Recommendations report drafting
- Final review and feedback
📋 11. Sample Business Impact Analysis Checklist (Preview)
- Identify all critical business functions.
- Determine RTO/RPO values for each function.
- Interview stakeholders for operational insights.
- Analyze direct and indirect financial impacts.
- Map third-party and internal dependencies.
- Evaluate legal and regulatory implications.
- Simulate various disaster scenarios.
- Rank functions based on business criticality.
- Integrate BIA findings into BCP/DRP.
- Review and update BIA periodically.
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