BN110 Assignment: Risk Assessment in Australian Healthcare Industries

This presentation focuses on risk assessment within the healthcare industries of Australia, examining various business data categories like administrative data and electronic health records. It highlights social media risks such as poor data quality, data breaches, and licensing issues, and discusses their impact on business profitability and customer base. The presentation provides an overview of several real-world incidents, including the Hollywood Presbyterian Medical Centre's loss of computer systems, a data security attack at Kalispell Regional, and the compromise of patient data at the University of Washington Medicine. It suggests solutions like encryption and efficient work culture to mitigate these risks. The presentation concludes by emphasizing the importance of risk assessment in managing sensitive data for the financial stability of Australian healthcare organizations. The presentation is submitted by a student and is available on Desklib.

Presentation on risk
assessment in
healthcare industries
of Australia

Introduction
Risk assessment can be defined
as the type of technique which
are used to identify risks in an
industry or a business
organization [6]. This pictorial
presentation aims to focus on
the risks related with the
business data of the healthcare
industries of Australia.

Overview of medical practice
There are diverse categories
of business data which
revolves around the
business units of healthcare
organizations of Australia
such as the administrative
data and electronic health
records [1]

Social media risks
The risks coming from
SMT are distribution of
poor quality data,
breaches of business
data, and licensing
issues [2].

Evaluation of social media risks
Net profitability of the
business can be affected due
to the poor distribution of
quality information [3].
Customer base of the business
can get affected due to the
data breaches and degree of
competency can be affected
due to licensing issues.

Risks assessment table
Risk Type Threats Severity Likelihood Mitigation/Prevention
Poor quality information It can lead to loss of
intellectual property.
Extreme Possible Quality of information can be secured if the critical data are
secured using encryption techniques.
Beaches of business data It can lead to cyber security
threats like ransomware.
Extreme Unlikely End point security is the most preferred contingency plan for
this risk.
Licensing issues It can have a huge reputational
impact on the business growth
of the healthcare
organizations.
Moderate Possible HR department of these organizations must be going through
the licensing updates from the government offices on a regular
basis.
Human errors This risk can lead to ineffective
data access management.
Minor Almost certain Technology based training sessions can be very much useful to
address the threat coming from this risk.
Imposter accounts It can lead to fraudulent
activities in the business
transactions.
Moderate Possible Use of monitoring solutions can be useful to deal with this
threat.
Unsecured mobile phones This risk can lead to improper
session handling.
Minor Possible BYOD policy can be very much effective to deal with this risk.

Discussion of key risks
In the year 2016, Hollywood Presbyterian
Medical Centre lost control of the computer
systems due to distribution of poor quality
information [1]. In the year 2019, Kalispell
Regional , a data security attack took place
but it did not have any adverse impact on
the business reputation of the healthcare
industry [4]. In the 2018, patient data of
University of Washington Medicine was
compromised due to a threat coming from
an employee of the organization [5].

Supporting discussion
Encryption can be
very much useful to
protect the
distribution of poor
quality information
[1]. Email
encryption method
can be very much
useful to deal with
the security of
business data [4].
Threat from
employee can be
restricted if an

Conclusion
This presentation was very much useful to
understand that the significance of risk
assessment across the healthcare
organizations in Australia as the net
profitability of this industry depends hugely on
their capability to manage their sensitive data
which are accessed using SMT.

References
[1]"Hollywood hospital pays $17,000 in bitcoin to hackers; FBI investigating",
Los Angeles Times, 2020. [Online]. Available:
https://www.latimes.com/business/technology/la-me-ln-hollywood-hospital-
bitcoin-20160217-story.html. [Accessed: 28- Jan- 2020].
[2]"Health Data of 974,000 UW Medicine Patients Exposed for 3 Weeks",
HealthITSecurity, 2020. [Online]. Available:
https://healthitsecurity.com/news/health-data-of-974000-uw-medicine-
patients-exposed-for-3-weeks. [Accessed: 28- Jan- 2020].
[3]"Kalispell Regional Healthcare reports data breach", KPAX, 2020. [Online].
Available:
https://www.kpax.com/news/community/vista-semanal/local/kalispell-
regional-healthcare-reports-data-breach. [Accessed: 28- Jan- 2020].
[4]"Social Media Policy Template - GPSA - GP Supervisors Australia", GPSA -
GP Supervisors Australia, 2020. [Online]. Available:
https://gpsupervisorsaustralia.org.au/social-media-policy-template/.
[Accessed: 28- Jan- 2020].
[5]"Medical Board of Australia - Social media: How to meet your obligations
under the National Law", Medicalboard.gov.au, 2020. [Online]. Available:
https://www.medicalboard.gov.au/Codes-Guidelines-Policies/Social-media-