What Is The Role Of Risk Management Strategies In Healthcare Organizations

Due to personnel, policy and system changes, and audits, Heart Healthy has voluntarily updated their information security policy to be in-line with the current information security laws and regulations. Currently Heart-Healthy Insurance, a large insurance company, plans to review and provide recommendations for an updated information security policy in the area ‘s of:

Automation and interconnections with information in their healthcare environments need increasing support, security measures need to be implemented without disrupting the workflow of approved users, costs associated with data breaches and damage to their reputation need to be avoided. IT budgets constraints also impose limitations in many healthcare institutions. Compliance with security and privacy related regulations in healthcare and making sure what policies and standards should be implemented requires solutions that clearly address security challenges so that they can be integrated into a healthcare institution’s existing infrastructure and business practice. As data is transmitted across countless environments and is stored on an ever-expanding grouping of endpoint and storage devices such as computers, laptops, and removable storage devices, it will become evident that there will be a need for strong encryption. Under the HITECH Act and comparable state laws, encrypted data that is received or acquired by unauthorized persons through a lost or stolen electronic device or an errant email, is typically not considered a breach. However, healthcare institutions need to determine the level of encryption they should adopt. For example, a hospital could decide where there is the greatest risk of information loss (patient data in email messages or on storage drive) that is not on internal

Another step involves security checks upon implementation and describes agency-level threat to the business scenario or the mission. It similarly entails sanctioning the information system for processing and lastly constant monitoring of the security controls. FISMA and NIST's standards are aimed at offering the ways for agencies to achieve their identified missions with safety commensurate with the threat (United States Department of Agriculture, 2015). Together with guidelines from the Office of Management and Budget (OMB), FISMA and NIST create a framework for advancing and growing an information security scheme (SecureIT, 2008). Such framework includes control descriptions and evaluation, program development, and system certification and accreditation. The final objective involves conducting daily functioning of the agency and achieving the agency's articulated objectives with sufficient security commensurate with risk.

Some include administrative, physical and technical safeguards. In administrative safeguards it allows the reader to understand the security management process to reduce risk and vulnerabilities. Security personnel responsible for developing and implementing security policies. Information access management minimum access to perform duties. Physical safeguard is about the limit of physical access to facilities, and how workstation and device security policies and procedure covering transfer, removal, disposal, and reuse of electronic media. Finally, technical safeguard is about the access control that restricts access to authorized personnel’s. Audit controls for hardware, software, and transitions. Integrity controls to ensure data is not altered or destroyed. Transmissions security to protect against un authorized access to data transmitted on network and via email. Moreover, there are three pillars of data security confidentiality, availability, and integrity. Confidentiality refers to the prevention of data loss, and is the category most easily identified with HIPAA privacy and security within healthcare environments. Usernames, passwords, and encryption are common measures implemented to ensure confidentiality. Availability refers to system and network accessibility, and often focuses on power loss or network connectivity outages. Integrity describes the trustworthiness and permanence of data, an assurance that the lab results or personal medical history of a patient is not modifiable by unauthorized entities or corrupted by a poorly designed process. Database best practices, data loss solutions, and data backup and archival tools are implemented to prevent data manipulation, corruption, or loss; thereby maintaining the integrity of patient

Due to personnel, policy and system changes, and audits, Heart Healthy has voluntarily updated their information security policy to be in-line with the current information security laws and regulations. Currently Heart-Healthy Insurance, a large insurance company, plans to review and provide recommendations for an updated information security policy in the area ‘s of:

“The Federal Information Processing Standards Publication Series of the National Institute of Standards and Technology (NIST) is the official series of publications relating to standards and guidelines adopted and promulgated under the provisions of Section 5131 of the Information Technology Management Reform Act of 1996 (Public Law 104-106) and the Federal Information Security Management Act of 2002 (Public Law 107-347)” ("FIPS PUB 199," 2004). In this paper, FIPS PUB 199 has been chosen as the security standard used by State of Maryland Department of information technology. This standard addresses to develop standards for categorizing information and information systems. On the other hand, ISO/IEC 27001 is the other standard not used by State of Maryland which has been discussed as a contrast standard.

When dealing with electronic health care information, the United States federal government has acknowledged that there is a need to protect the integrity, confidentiality, and availability of that information. This need has been codified within the Code of Federal Regulations as the Health Insurance Reform: Security Standards of 2003, part of the overall Security Rule contained in the Health Information Portability and Accountability Act of 1996. Although the federal rules detail the need for the protection of health information, Professor Fue and Professor Blum in 2013 extended the need to ensure that security is built into other systems that affect individual’s health (Fue & Blum, 2013). Although there is no explicit requirement for architecture called out in Fue & Blum’s analysis, architecture is a necessary requirement to ensure the existence of the level of security needed by these systems affecting individuals’ health.

19. Which of the following is a purely damaging attack, meant to render a system unusable?

I evaluate security control test plans and conducts detail security assessments of information systems that evaluate compliance of administrative, physical, technical, and organizational polices safeguards in order to maintain HIPAA compliance base on the Office of Civil Right (OCR) protocol, NIST SP 800-66 Rev1 and security controls (NIST SP 800-53).

Collier (2009) claims that the fundamental role of the Board of the directors in a company is to apply risk management and to review the performance of the organisations’ internal control procedures; these two principal processes will support the Board in the setting of the strategic targets, the transformation of the targets into real products and services, the effective business overseeing, and the realistic reporting to the external stakeholders. Apart from the Board, the author suggests that an effective risk management framework must be facilitated by a risk management group, a chief risk officer, external and internal audits, and a mature organisational culture disseminated to the line managers and employees. Under the same concept, Hampton (2009) presented a flow gram that suggests the path towards the establishment of enterprise risk management, starting from the risk recognition and ending to the standardization of a risk evaluation process, having prior involved the Board, the risk owners and the accountable staff.

In light of available security measures and their widespread acceptance within the information security community, there is no excuse for healthcare organizations to fail in fulfilling their duty to protect personal patient information. Guaranteeing the confidentiality and privacy of data in healthcare information is crucial in safeguarding the data of patients as there should be a legal responsibility to protect medical records from unauthorized access.

Information security and privacy is occupying a most important role in the healthcare territory in order to deliver protected information process to their patients (Appari, & Johnson, 2010). As healthcare department is the organization with vast data and essential information the hospitals has to keep a useful information security technique in their enterprise process (Mishra et al., 2011). Information security is one such phase in the healthcare sphere which is extremely problematic to describe and evaluate even to the individuals who are working on the process. In the healthcare organization, information is of many types which required for the work and even the security is a main control for almost all the practices which are transmitted out in the healthcare field (Appari, & Johnson, 2010). Hospitals, in specific, have been instructed to create a new set of security specialists to protect healthcare data tools techniques upon which exists may rely. Healthcare data is very critical for patients because it is very confidential records. If a medical apparatus is filled with a computer virus it can even exemplify a possibility to patients ' lives. Hence, hospitals should design alertness of the risk, to defend against concerns to healthcare databanks and be concerned about the high risk of infected computers or medical tools being connected to their networks (Mishra et al., 2011).

The rapid changes in technology over the past few decades has left the healthcare industry ill-prepared to operate in today’s environment. Most substantial protections of sensitive consumer information has come as a result of federal regulation, most notably in 1996 with the Health Insurance Portability and Accountability Act and 2009 as part of the American Recovery and Reinvestment Act. Protection of information in the healthcare industry has lagged behind all other industries, perhaps because the records aren’t financial in nature or sensitive government information. Implementing simple steps for many organizations may be enough to limit the vast majority of breaches, although a layered, comprehensive security approach should be the ultimate goal for companies.

Today’s risk management environment is more dynamic than ever. More often, companies are embracing risk management’s undeniable opportunity to improve business results. The emergence of this “true business partner” relationship requires that risk management decisions and processes rely more on strategic planning, rigorous analytical processes, and collaborative internal and external partnerships. Knowing which actions and relationships will drive down your costs of risk demands a deep and comprehensive understanding of the factors that influence it.

The project manager working with the project team and project client will ensure risks are actively identified, analyzed and managed throughout the life of the project. Risks will be identified as early as possible to minimize their impact. This can be done using several ways like