Performing a Risk Assessment - Methodology and Steps for Success

Overview: The Risk Assessment which is required by the HIPAA Security Rule is often overlooked, misunderstood, or it seems to be too complex to even find a starting point. What some organizations find out is that while they brought in a third party auditor to do a "IT network assessment' that they actually did not end up performing a full blow risk assessment.

The webinar will go over what it takes to perform a risk assessment and be in a position where you are continuously updating it. Sometimes there is confusion between risk analysis and risk management, but it is important to understand the differences of the two and why both are required. We will look at the importance of having a solid Risk Management Plan and how to use that plan to drive your risk assessment. In addition, understanding what the differences are between risk, threats and vulnerabilities and how they apply to your organization are critical first steps to help guide your assessment.

We will also look at the eight risk analysis and three risk management steps as outlined by CMS. When OCR comes knocking on your door and asks, "What is your risk assessment methodology?" How could they dispute using the methodology provided by CMS?

By the end of the webinar, you will have the steps necessary to create a risk management plan that will guide you through how to implement the eight risk analysis steps.

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