Why HIPAA Risk Management Is Critical for Healthcare Organizations The healthcare industry handles vast amounts of sensitive patient data daily, making it a prime target for cyber threats and compliance violations. The Health Insurance Portability and Accountability Act (HIPAA) sets strict standards for protecting patient information, and failure to comply can lead to severe penalties, reputational damage, and financial losses. Effective HIPAA risk management is not just a legal obligation—it’s a crucial component of maintaining trust, security, and operational efficiency in healthcare organizations. https://www.apsense.com/article/845243-why-hipaa-risk-management-is-critical-for-healthcare-organizations.html