---
title: Business Impact Analyses vs. Risk Assessments | Webinar On Demand
description: Organizations of varying sizes should always be prepared to address the dynamic array of risks and threats in their environment with their business continuity plan(s).
image: https://grc.mitratech.com/hubfs/High-level_Website/Platform/Feature-Image/Mitratech_Web-Assets_Platform-Feature-Image.png
---

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# Business Impact Analyses vs. Risk Assessments: Why You Should Do Both

#### Organizations of varying sizes should always be prepared to address the dynamic array of risks and threats in their environment with their business continuity plan(s).

The most optimal way to do this is to conduct both a business impact analysis (BIA) and risk assessment together.

It's imperative to understand how they complement each other, while still exploring the distinction of each process.

View our webinar where we share key details on the similarities and differences between business impact analyses and risk assessments, and how both are essential processes for:

- Identifying potential risks
- Risk severity evaluations
- Preparations for negative impacts through testing
- Establishing the process

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