Impact Assessment

Impact Assessment is a systematic process to identify, analyze, and evaluate the effects of a potential incident (e.g., cyber-attack, operational disruption) on an organization. A specific application is the Business Impact Analysis (BIA) required by ISO 22301:2019 (Business Continuity Management), clause 8.2.2, which analyzes the impact of disruptions on products, services, and stakeholders over time to determine recovery priorities and resource allocation.

Firstly, regulatory pressure is increasing. Taiwan's amended Personal Data Protection Act imposes fines of up to NT$15 million for major data breaches. The "Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies" also requires companies to identify and assess risk impacts. Secondly, market demands are strict, especially within the semiconductor supply chain, where standards like SEMI E187, led by TSMC, require suppliers to enhance cybersecurity from the source. An impact assessment is crucial for demonstrating resilience. Neglecting it can lead to heavy fines, loss of contracts, and reputational damage.

Impact Assessment is a core requirement in several international standards: 1. **ISO 22301:2019 (Business Continuity Management):** Clause 8.2.2 explicitly requires conducting a Business Impact Analysis (BIA). 2. **ISO/IEC 27001:2022 (Information Security Management):** Clause 8.2 requires performing an information security risk assessment, which includes analyzing the potential impacts of risks on confidentiality, integrity, and availability. 3. **EU GDPR (General Data Protection Regulation):** Article 35 mandates a Data Protection Impact Assessment (DPIA) before processing personal data that is likely to result in a high risk.

Winners Consulting is Taiwan's pioneer in integrating Enterprise Risk Management (ERM), industrial engineering, and technology law. Guided by our founder's preventive law philosophy, we go beyond standard ISO compliance by using data science and AI to quantify financial impacts. Our team of tech lawyers and ISO Lead Auditors ensures assessment results are seamlessly integrated into your corporate governance and internal controls, preventing redundant frameworks. We have extensive experience assisting leading semiconductor firms like TSMC and MediaTek in enhancing their cybersecurity and trade secret protection, ensuring your impact assessment is both compliant and insightful.