Identify key assets and systems for the analysis
Categorize the systems and assets based on function and criticality
Collect existing documentation on policies and procedures of identified systems
Conduct a preliminary risk assessment of the systems
Approval: Preliminary Risk Assessment
Establish and apply meaningful use risk analysis framework
Determine threat and vulnerability information
Evaluate impact of potential risks on the system functionality
Analyze existing security measures and their effectiveness
Estimate the level of risk for each identified threat
Approval: Risk Level Estimation
Prepare risk analysis report including potential impact and mitigation strategies
Develop plan for risk mitigation strategies
Validate the risk mitigation plan
Approval: Risk Mitigation Plan Validation
Implement the risk mitigation plan
Monitor and review the effectiveness of the risk mitigation strategies
Review and revise risk analysis process based on findings