Alternatives to a Business Impact Analysis (BIA) in risk assessment could include methods such as Risk Matrix, Failure Mode and Effects Analysis (FMEA), or even a simple SWOT Analysis. These methods also help identify potential threats and vulnerabilities, assess their impact, and plan mitigation strategies. However, it's important to note that each method has its strengths and weaknesses, and the choice of method should depend on the specific needs and context of your business.
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