Health Insurance Portability and Accountability Act (HIPPA)
Privacy Risk Management
Cyber Security Maturity Assessment
What is Privacy Risk Management?
A one stop exercise for the protection of sensitive personal data and privacy.
- A privacy risk assessment determines whether an enterprise is in compliance with applicable laws and regulations, industry standards, and internal policies and procedures.
- The process concerns itself with discovering the nature, scope, purpose, and conditions of data processing, and keeping records of this activity.
- Almost every business however small has a website of its own. It is often overlooked for the amount of consumer personal information it can hold, and the plethora of threats it is exposed to on a frequent basis, not to forget the data leakage that can happen through it, which only gets notified at a very later stage.
- To keep these in check, one must perform a privacy risk assessment including steps like identification, monitoring, mitigation, evaluation, and subsequent management of the risks so assessed.
Application
- The security rules are applicable on “covered entities” which includes health plans, pharmacy, radiology and electronic health records (EHR) labs, health care clearinghouses, laboratories and to any health care provider.
Requirements
- Ensure the confidentiality, integrity, and availability of all e-PHI they create, receive, maintain or transmit.
- Identify and protect against reasonably anticipated threats to the security or integrity of the information.
- Protect against reasonably anticipated, impermissible uses or disclosures.
- Ensure compliance by their workforce.
- Risk Management of e-PHI
- Administrative safeguards: security management process, Information access management, workforce training and management, and workstation and device security.
- Technical safeguards: Access control, integrity controls, and transmission security etc.
Non-compliance
The U.S. Department of Health and Human Services (HHS) may impose civil money penalties up to $100 per failure. The upper limit for penalty per year is $25,000. If anyone discloses or obtains information with malicious intention, it may attract criminal penalty of $50,000 and up to one-year imprisonment.
Our Approach
We curate a practical privacy risk management approach to cater to your privacy requirements.
- With the advancements taking place in privacy jurisprudence, and the increasing demand and likelihood of a universally applicable privacy legislation, it becomes crucial for businesses to cater to the privacy needs of the sensitive data they possess, the very lifeblood of their organization.
- We understand the importance of your data and the value it contains.
- Our experts are seasoned in identifying the risks that each organisational data attracts, considering all of them have different privacy requirements, and the steps involved in Privacy Risk Management.
- We adopt a risk based, structured and pragmatic approach to information management and privacy protection.
Non-compliance
The U.S. Department of Health and Human Services (HHS) may impose civil money penalties up to $100 per failure. The upper limit for penalty per year is $25,000. If anyone discloses or obtains information with malicious intention, it may attract criminal penalty of $50,000 and up to one-year imprisonment.
Advantages
Evaluate the severity of your breaches, prioritize your resources, and influence privacy-related decision-making.
- As the risks advance and develop at a rapid pace, the monitoring of risks becomes crucial in identifying the changes as to their consequences, shortfalls, and their ability to pose a threat, thus aiding in the continuous guarding of personal data.
- Privacy Risk Management helps in the assignment of domain-specific responsibilities and attributes to the concerned entity directly.
Advantages
Evaluate the severity of your breaches, prioritize your resources, and influence privacy-related decision-making.
- As the risks advance and develop at a rapid pace, the monitoring of risks becomes crucial in identifying the changes as to their consequences, shortfalls, and their ability to pose a threat, thus aiding in the continuous guarding of personal data.
- Privacy Risk Management helps in the assignment of domain-specific responsibilities and attributes to the concerned entity directly.
Why Us?
At Tsaaro, our very focus is to articulate the evaluation and impact of the potential and existing risks in a manner that is easy for you to comprehend.
We personalise the Privacy Risk Management Process to suit the needs of the client by viewing the risks so ascertained through his point of view. We are adept in our services and ensure continuous guarding of your personal data by keeping abreast of the technological advancements and the risks to privacy that come with it.
Why Us?
At Tsaaro, our very focus is to articulate the evaluation and impact of the potential and existing risks in a manner that is easy for you to comprehend.
We personalise the Privacy Risk Management Process to suit the needs of the client by viewing the risks so ascertained through his point of view. We are adept in our services and ensure continuous guarding of your personal data by keeping abreast of the technological advancements and the risks to privacy that come with it.
