HIPAA Security Risk Analysis

HIPAA Security Risk Analysis

  • November 15, 2022

Experiencing a breach can have a significant financial and reputational impact on healthcare facilities. Although all breaches are not preventable, a facility’s best first step is to take a deep dive into its security posture by performing a Security Risk Analysis and identifying where they are vulnerable before cybercriminals exploit such vulnerabilities.

If you experience a significant breach followed by an investigation by the Office for Civil Rights (OCR), your risk management process will be scrutinized. Often, Civil Monetary Penalties result from a lack of due diligence and a failure to accurately and thoroughly assess potential risks and vulnerabilities within your organization.

There is no one way to perform a security risk analysis (SRA). However, this paper will provide tips and options to navigate the process successfully.

This paper will provide background information on the Department of Health and Human Services requirements to complete a security risk analysis (SRA), explain why you should conduct an SRA, describe key elements of the analysis and explain the importance of creating a follow-up corrective action plan and tracking process.

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