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IT Best Practices: Increasingly, healthcare organizations are realizing the value of risk assessments as much more than a regulatory or compliance checkbox. Risk assessments also bring a targeted and measured approach to privacy and security. Risks can be mitigated through application of safeguards until the residual risks are below the acceptable level set by the organization. This avoids information privacy and security becoming a budgetary black hole, and guides budget allocation to highest priority risks.

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