A comprehensive HIPAA Risk Assessment is no longer optional—it’s the foundation of compliance and cyber insurance eligibility for any entity handling Protected Health Information (PHI). The Department of Health and Human Services (HHS) has already issued more than $144 million in HIPAA enforcement settlements, underscoring the financial and reputational risk of noncompliance. A current, documented risk assessment not only satisfies federal requirements but also supports your organization’s credibility with insurers and regulators.
Why HIPAA Risk Assessments Matter
HIPAA enforcement is intensifying. In 2023, the Office for Civil Rights (OCR) listed “failure to perform a risk analysis” among its most penalized violations. At the same time, healthcare remains a top target for ransomware—up more than 260% since 2024.
Proposed updates to the HIPAA Security Rule are expected to require:
- Multi-Factor Authentication (MFA) for all system access
- Vendor risk management and third-party oversight
- Network segmentation for critical systems
- Formalized incident response plans
These regulatory shifts make proactive risk assessment essential—not just for compliance, but for cyber insurance underwriting.
Gaps That Put Coverage at Risk
- Incomplete or outdated HIPAA risk analyses
- Untrained workforce on security and privacy controls
- Lack of Multi-Factor Authentication (MFA)
- Unsecured remote access and device management
- Missing or outdated Business Associate Agreements (BAAs)
- Weak encryption or inadequate network protection
Even if a breach never occurs, insurers can deny claims when risk management documentation is missing or insufficient.
How eSureITy Addresses the Challenge
Our HIPAA Risk Assessment framework is built to satisfy regulators and strengthen your insurability. Conducted by U.S.-based HIPAA and cybersecurity experts, it delivers:
- A full gap analysis aligned with HIPAA Security and Privacy Rules (§164.308, §164.310, §164.312)
- A complete system inventory and PHI data flow map
- Remediation priorities based on risk severity and compliance impact
- Documentation that insurers recognize as proof of due diligence
- Preparation for the upcoming 2025 Security Rule enhancements (MFA, segmentation, incident response)
Deliverables & Outcomes
You receive a detailed report quantifying your organization’s exposure and providing an actionable roadmap to compliance and insurance readiness.
Our assessments translate technical risk into business-level insight—giving leadership, compliance officers, and underwriters the same clear view of your posture.
Expected Results:
- Strengthened HIPAA and cyber insurance compliance posture
- Reduced liability and claim-denial risk
- Verified documentation for insurer audits and renewals
- Enhanced security maturity across people, process, and technology
Included in Every Assessment
- Comprehensive risk analysis and management plan (administrative, physical, technical & organizational)
- Workforce security & privacy training recommendations
- Secure storage and transmission review for ePHI
- Remote/off-site access controls evaluation
- Device/media disposal and sanitization verification
- Business Associate Agreement and vendor risk review
- Encryption & endpoint protection validation
- Technical safeguard verification including network vulnerability scanning
- Policy & procedure documentation review (security, privacy, IT)
Why eSureITy
eSureITy connects HIPAA compliance and cyber insurance like few others. Our assessments help organizations:
- Demonstrate regulatory compliance to avoid OCR penalties
- Strengthen cyber liability coverage eligibility and renewal standing
- Lower premiums through verified risk mitigation evidence
- Simplify audit responses with centralized documentation
Stay compliant and insurable. eSureITy’s HIPAA Risk Assessment identifies gaps, reduces exposure, and ensures cyber insurance readiness for healthcare providers.