Key Question for Risk Analysis and Risk Management: What Have You Done for Me Lately?
Let’s talk about maturation of your Risk Analysis and Risk Management Processes
Undertaking reasonable and appropriate risk analysis and risk management is an important matter — a process that needs to mature just like any other business process. So while it’s great that your organization has taken critical steps, such as conducting an initial security risk analysis, you can’t stop there.
Maturing a business process means making it proactive, adaptable, consistent, predictable, measurable and controlled. You must continually improve processes to leverage proven tools and evolving quality standards to ensure the best outcomes.
Below is a flow chart of the Risk Management Maturity Model we adhere to at Clearwater. If your organization hasn’t incorporated risk management into business planning, embedded it into decision-making, and worked to ensure a deep understanding of key concepts and use of appropriate tools, then you have work to do. Important work.
If you’re interested in how your organization can advance your current approach to risk analysis and risk management, take a few moments to view our on-demand webinar, titled How to Conduct a Bona Fide HIPAA Security Risk Analysis.
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