What’s Required in a HIPAA Security Risk Analysis

A HIPAA Security Risk Analysis must identify ePHI risks, evaluate safeguards, prioritize threats, and document actions — Medcurity simplifies the entire process.

If you’re a covered entity or business associate under HIPAA, the Security Risk Analysis (SRA) isn’t optional—it’s required. 

But more than that, it’s one of the most important things you can do to protect your patients’ data and your organization’s future. The SRA is the foundation for every other step in your HIPAA compliance journey. Done right, it doesn’t just check a box—it helps you identify real risks and prioritize smart, strategic improvements. 

Still, for many organizations, the SRA process feels overwhelming. So let’s break it down.

What Is a Security Risk Analysis?

At its core, the HIPAA Security Risk Analysis is a structured assessment of the potential risks and vulnerabilities to the confidentiality, integrity, and availability of electronic protected health information (ePHI). 

The Office for Civil Rights (OCR) provides guidance, but the rule isn’t prescriptive. That means organizations are responsible for tailoring the assessment to their own environment—which can make it hard to know where to start. 

What Does an SRA Include?

According to the HIPAA Security Rule (45 CFR §164.308(a)(1)(ii)(A)), here’s what your SRA must include: 

1. Identify All ePHI 

Know where your electronic PHI lives. That includes: 

  • EHR systems 
  • Email platforms 
  • File shares 
  • Mobile devices 
  • Backup systems 
  • Cloud applications

It’s easy to miss a system or vendor, especially if you’ve had recent changes in your tech stack or workforce. Start with a full inventory. 

2. Identify and Document Potential Threats and Vulnerabilities 

Ask: What could go wrong? 

  • Could a lost laptop lead to data exposure? 
  • Could someone access your system remotely without permission? 
  • Could a ransomware attack lock you out of patient records? 

This step is about brainstorming risks and being honest about weaknesses. 

3. Assess Current Security Measures 

What safeguards are already in place—technically, physically, and administratively? 
Are you using: 

  • Multi-factor authentication (MFA)? 
  • Role-based access controls? 
  • Up-to-date antivirus and firewalls? 
  • A documented password policy? 

You don’t need to have it all perfect. The point is to know where you stand. 

4. Determine the Likelihood and Impact of Each Threat 

Now that you’ve identified risks, it’s time to evaluate them. How likely is each threat to occur? And if it did, what would the impact be? 

Think through scenarios: 

  • A phishing email clicks through to malware. 
  • A terminated employee still has login access. 
  • Your server fails without a backup in place. 

Categorizing these risks helps you prioritize action. 

5. Determine the Level of Risk 

Combine likelihood and impact to rate each threat—low, medium, or high. This gives you a roadmap for addressing the most urgent vulnerabilities first. 

6. Document Everything 

This isn’t just about checking off a requirement. Documentation is essential if you’re ever audited or investigated. You’ll need to show: 

  • What systems you reviewed 
  • How you identified threats 
  • What your current safeguards are 
  • How you rated the risks 
  • What action steps you’re taking in response 

Your SRA isn’t just a one-time project—it should be updated annually or whenever there are significant changes in your environment. 

How Medcurity Makes the SRA Easier

Let’s be real—completing an SRA manually takes a lot of time, and it’s easy to miss critical pieces. That’s where Medcurity comes in. 

We’ve built our SRA platform to guide you step-by-step through the process, with: 

  • Easy risk rating tools to evaluate threats and score risk accurately 
  • Action plans that prioritize next steps and assign follow-ups 
  • Audit-ready reports that show your work clearly and professionally 
  • Expert guidance if you want a second set of eyes or need a full third-party assessment 

Whether you’re leading a small practice or managing security for a large network, Medcurity makes the SRA not just doable—but useful. You’ll walk away with more than a report. You’ll have a plan. 

You Don’t Have to Guess Your Way Through Compliance

The SRA is a powerful opportunity to protect your patients, strengthen your systems, and move forward with clarity. With the right tools and the right team, it’s absolutely manageable. 

Let’s make HIPAA compliance one less thing to stress about. 

Latest Posts
Browse Topics