Your security and compliance glossary

All the terms you need to know when you’re trying to get compliance audit ready, fast.

Show filters

What is a HIPAA risk assessment?

The objective of a HIPAA risk assessment is to identify potential risks and vulnerabilities to the confidentiality, availability, and integrity of all protected health information (PHI) that an organization creates, receives, maintains, or transmits. 


The U.S. Department of Health & Human Services (HHS) does not specify a particular risk analysis methodology because covered entities and business associates vary in size, complexity, and capabilities. To meet the objective of a HIPAA risk assessment, HHS suggests an organization should: 


  • Identify where PHI is stored, received, maintained, or transmitted
  • Identify and document potential threats and vulnerabilities
  • Assess current security measures used to safeguard PHI
  • Assess the proper usage of existing security measures
  • Determine the likelihood of a reasonably anticipated threat
  • Determine the potential impact of a breach of PHI
  • Assign risk levels for vulnerability and impact combinations
  • Document the assessment and take action where necessary


HIPAA risk assessments are not a one-time event; they require periodic reviews when introducing new technology or implementing new work practices.

Additional resources you might like:

Security
Blog
The new supply chain blast radius

Modern supply chain incidents turn trusted software into a real-time vendor, identity, and access challenge. Continuous monitoring matters more than ever.

Compliance
Events
Agentic compliance in action with Vanta and Claude

Register to learn how Vanta's MCP Server brings your compliance program directly into Claude.

GRC
Blog
Defining a risk management policy: A beginner's guide

Learn how to build an actionable risk management policy that scales.

Additional resources you might like:

Security
Blog
The new supply chain blast radius

Modern supply chain incidents turn trusted software into a real-time vendor, identity, and access challenge. Continuous monitoring matters more than ever.

Compliance
Events
Agentic compliance in action with Vanta and Claude

Register to learn how Vanta's MCP Server brings your compliance program directly into Claude.

GRC
Blog
Defining a risk management policy: A beginner's guide

Learn how to build an actionable risk management policy that scales.

GRC
Blog
How to write a risk appetite statement in 5 steps

A risk appetite statement isn’t useful unless it drives decisions. Learn how to create one with clear thresholds that help align action with your risk appetite.

GRC
Blog
Risk appetite and risk tolerance: What’s the difference?

Learn what risk appetite and risk tolerance mean, how they differ and formalize them at scale.

Comparisons and reviews
Blog
The best vendor risk management software for 2026

Here are your best options for vendor risk management software, with Vanta taking the top spot.

Vendor Risk Management
Video
Vanta Delivers: Agent for Risk

The Agent for Risk is your 24/7 GRC engineer for internal risk. It helps risk owners move from surfacing a risk to acting on it.

Vendor Risk Management
Video
Vanta Delivers: Internal Risk

New internal risk capabilities give security and compliance teams real-time confidence in their security posture.

Product updates
Video
Vanta Delivers: TPRM

Third-party assessments have historically meant a lot of manual work. As vendor ecosystems grow and AI tools multiply, that process doesn’t scale. Here’s what’s new in Vanta’s TPRM product to help your team keep up.