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How Cybersecurity Influences Business Analysis

By
Kenneth Gray

Every byte of data holds immense value today. However, with great value comes great vulnerability. Business Analysis (BAs) deal with complicated datasets, making business analysis and cybersecurity crucial. In this post I examine how cybersecurity has affected business analysis and what it implies for modern BAs.

Understanding the Crossroads

Business Analysis generally focuses on understanding business needs, identifying opportunities, and shaping solutions. As these solutions become digital, security is crucial. A single breach can ruin a great analytical solution.

Data Integrity

Data integrity is sacred for BAs. Monitoring data integrity throughout a projects lifecycle is difficult due to increased cyber threats. Cybersecurity safeguards data integrity and ensures actionable insights.

Confidentiality

BAs handle sensitive data like financial forecasts, strategic plans and consumer data. Information is kept secret and shared only with authorised employees. Cybersecurity is essential for preventing data breaches that can cost money and and a company's reputation.

Availability

An important part of cybersecurity is data availability. Businesses might lose data to ransomware, leaving analytical tools and dashboards unusable. By adopting robust cybersecurity protocols, BAs can ensure smooth business operations by employing strong cybersecurity policies to access insights and reports when needed.

Secure Solutions

As BAs shape business solutions, integrating cybersecurity at the definition and design phases becomes crucial. In the definition phase, BA's should proactively uncover and define security requirements, ensuring solutions are effective and secure from attacks.

Risk Management

With the rise in cyber threats, BAs must now examine cybersecurity risks and work with IT teams to identify and fix vulnerabilities. A robust risk assessment where risks are identified and countermeasures are in place, can strengthen a BAs business case to major stakeholders. 

Migration of data can also bring unwanted threats. By supporting the implementation of an effective strategy, from direct changeovers to phased implementation, BAs can ensure a smooth transition.

Continuous learning

Cybersecurity risks change daily due to new threats. This means through ongoing cybersecurity training, BAs can ensure their methods, tools, and solutions follow security best practises by aligning them to current cybersecurity practices.

Conclusion

Cybersecurity profoundly affects business analysis. It has shifted priority from not just delivering effective solutions but also secure ones. BAs will get more involved in cybersecurity as firms become more data-driven. Organisations must encourage BAs and cybersecurity teams to collaborate. This allows Business Analysts to expand their skills, embrace new challenges, and help build secure, resilient companies.