Key Steps in Conducting a HIPAA Risk Assessment HIPAA (Health Insurance Portability and Accountability Act) requires healthcare organizations and their business associates to safeguard protected health information (PHI) by identifying and mitigating risks. A HIPAA risk assessment is a critical step in ensuring compliance and protecting sensitive patient data. Without regular assessments, organizations may face security breaches, financial penalties, and legal consequences. Conducting a proper risk assessment helps in uncovering vulnerabilities, addressing compliance gaps, and strengthening overall data security. https://www.apsense.com/article/832669-key-steps-in-conducting-a-hipaa-risk-assessment.html