How Does HIPAA Security Risk Analysis Help Secure Your Data?

HIPAA Security Risk Analysis

An overview of how to begin your HIPAA Security risk analysis is provided below

Determine the categories of PHI about which you have knowledge.

Think about the following inquiries: What electronic protected health information (ePHI) is accessible to your company? Where is ePHI stored at your company? Which technique is used to send the data? This data can be collected through reviewing previous or ongoing projects, speaking with staff members, and reviewing the documentation from earlier risk studies.

Check your current security measures -

Once you've completed the analyses of where ePHI is maintained at your company and what is used to access and interact with the information, analyse and HIPPA security risk analysis your current security efforts. Start by making a list of the PHI protection measures that your business is currently taking. Then, confirm that the necessary security measures are now in place and configured properly under the Security Rule. Keep track of your outcomes.

Analyse your company's vulnerability and the likelihood of a security breach.

Consider the security gaps you may have found at your firm as well as the likelihood that ePHI could be exposed to hazards that could jeopardise its confidentiality and dependability.Evaluation of your HIPPA security risk analysis Tolerance - Rate the risk of any risks and security holes that your organisation may come across during the risk analysis process.

The probability of each risk and effect combination that has been previously identified is utilised to calculate the level of risk. The level of risk that has been allotted is at its highest when a risk is likely to materialise and will have a significant impact on your business. Your HIPPA security risk analysis must classify a threat as low risk if there is a remote chance that it will occur and if it won't significantly affect your business. Once you've completed that, write down the danger levels that were assigned to you.

Finish your paperwork.

Have you recorded everything? Finish your papers by describing the different PHI categories you deal with, your risks, and how you intend to handle PHI security concerns.You can determine whether to upgrade your security measures, you should carry out security risk assessments reasonably frequently.

HIPAA security risk analysis in specific intervals

Do you believe that your most recent assessment was completed two years ago would help you if you were subject to a compliance audit? The HHS does not concur. Just why would you?

Even though a HIPAA risk assessment may seem challenging, Accountable was created with your assistance in mind and breaks the procedure down into the phases shown above. The HIPAA security risk analysis consultant will not only significantly streamline the procedure, enabling you to recognise risks and weaknesses and take the necessary precautions, but it will also shield your business from liability in the event of a breach.