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STN HIPAA Risk Assessment
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Our Approach

STN HIPAA Risk Assessment

A HIPAA Risk Assessment is a big step toward compliance. To meet Meaningful Use guidelines and ultimately achieve HIPAA Compliance, the Department of Health and Human Services requires all organizations handling PHI and electronic Protected Health Information (ePHI) to conduct a Risk Assessment as specified in the HIPAA Security Rule.

The STN HIPAA Risk Assessment will help you meet HIPAA Meaningful Use guidelines and assist your path to compliance. Our Risk Assessment will determine how exposed your PHI and ePHI data is and what mitigating controls need to be created. It’s a guided, collaborative experience so that you understand your PHI as well as your ePHI risks—and can take action.

Our approach is to understand your business and environment to evaluate your administrative, technical, and physical safeguards around health information. We provide extensive security expertise and oversight along the way, including a Security Analyst to perform the STN HIPAA Risk Assessment, a second Security Analyst to QA all assessments and assessment reports, and Project Management throughout the entire process.

Our dynamic and collaborative reporting process will provide you with a thorough technical summary, an executive summary, and breakdown of the findings. We take the time to go through the required, formal reports with you, provide insight into your risks, answer your questions, and make recommendations for improvement. We can also help you create and implement a complete prioritized corrective action plan. At STN, we make realistic recommendations that organizations of all sizes can implement, ensuring the most efficient and affordable solutions.

Do you need an assessment?

If you answer NO to any of these questions –
contact us today.

PEOPLE

Are they trained to recognize poor security practices? Are they able to be bastions for the protection of your organization?

PROCESS

Do you have processes and procedures in place & documented?
Can you prove your processes to a Security Auditor?

TECHNOLOGY

Are they trained to recognize poor security practices? Are they able to be bastions for the protection of your organization?

Get a $2,000 Credit Toward Your First Risk Assessment.

The STN HIPAA Risk Assessment Process

Determine the residual risk after inherent risks have been reduced by risk controls.

STEP 1

Define Key Concepts & Information Flows
  • Information Assets
  • Impact Area
  • Asset Flow Diagrams

STEP 2

Define Threats & Vulnerabilities
  • Technical
  • Physical
  • Social
  • Disaster Events

STEP 3

Initial Risk Assessment Probability
  • Human — Deliberate
  • Human — Inadvertent
  • Technical Failure
  • Disaster — Natural & Manmade

STEP 4

Control Recommendations
  • Decrease Threat Scenario Probability
  • Decrease Impact
  • Enhance Incident Response Capabilities
  • Enhance Continuity and Diaster Recovery

STEP 5

Residual Risk Assessment

Understand the level of Risk and danger with remaining threats

UNDERSTANDING HIPAA COMPLIANCE

Compliance & Meaningful Use Guidelines

Securing Protected Health Information (PHI) data is not a choice, it’s a mandate. The healthcare sector continues to be troubled by data security issues.

58% of security incidents involved insiders—mistakes, errors, lost devices—making it the only industry in which internal factors pose the biggest threats to an organization, according to the 2019 Verizon Protected Health Information Data Breach Report.

HIPAA Compliance Is a Mandate, Not an Option.

The Health Insurance Portability and Accountability Act (HIPAA) was created to modernize the flow of healthcare information, specifically, the handling of personally identifiable information maintained by the healthcare and healthcare insurance industries. The main objective is to protect this information from fraud and theft. HIPAA is now a standard for all healthcare providers on how to handle personal health information (PHI). Failure to meet HIPAA rules carries stiff financial penalties.

What Is HIPAA Compliance?

HIPAA requires organizations with personal health information (PHI) to regularly review the administrative, physical, and technical safeguards utilized to protect the security of their information. Conducting a security Risk Assessment is a crucial requirement of the HIPAA security rule and a core requirement for providers seeking payment through the Medicare and Medicaid EHR Incentive Program, commonly referred to as the Meaningful Use Program.

HIPAA IT Gap Assessment

The next step after the HIPAA Risk Assessment is the HIPAA IT Gap Assessment. Our Redhawk HIPAA IT GAP Assessments follow a similar approach as the HIPAA Risk Assessment. We can provide a deeper technical, physical, and administrative analysis of your technical environment and the potentials for gaps in your security as they relate to HIPAA, ISO/IEC 27001, ISO 27702, and NIST frameworks.

Why STN HIPAA Compliance Services?

We provide clients with a highly adaptable and prescriptive approach to meet their needs. Rather than a hindrance to business, HIPAA compliance will become part of a proactive strategy for managing essential resources. To make the process as adaptable as possible, your team can choose modular components or phase testing for the following areas:

“As a small Credit Union, we have very limited staff and time. We need a tool that provides us with a quick and easy way of fulfilling our regulatory assessments. Not only does STN’s tool do the job, but it also allows us to compare against past assessments and reveal trends through our history. This has been very powerful in determining where we have been deficient and where we are excelling. STN’s FFIEC self assessment tool also provides us a quick and easy way to report to our board and our NCUA examiners on our improvements and progress.”

— Information Security Analyst

“STN’s new FFIEC tool simplifies the process of ascertaining risk levels, assessing an organization’s maturity level, and gauging progress needed and made over time. An accessible and intuitive interface makes it easy to use, STN has created a valuable tool for reporting and documenting FFIEC data as it pertains uniquely to your company.”

— Vice President / Information Security Officer

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