Taking a Risk-Based Approach to Healthcare Compliance

Approaching compliance implementation and the management of cyber risk as separate initiatives actually makes the overall process and implementation more complex and challenging. This is especially the case in the healthcare industry where HIPAA controls and HITRUST
compliance are not just barriers to market entry but are requirements to handling patient data. Further, taking a linear approach to meeting each control is time consuming and expensive.

However, taking a risk-based approach to enterprise cybersecurity enables an organization to:

1. Properly scope their controlled environment
2. Reduce complexity in managing and maintaining compliance requirements
3. Address and treat cyber risk based on potential liability or cost
4. Be more flexible with changing compliance requirements
5. Reduce cost when managing organizational cyber security