While HIPAA doesn't specify a required frequency, many organizations find it beneficial to perform annual risk assessments. This practice helps ensure ongoing compliance and keep the risk management strategy up-to-date. We also recommend considering comprehensive risk assessment in the following cases: Whenever significant modifications occur in your IT infrastructure, applications, or data flows,it's wise to conduct a risk assessment to identify and mitigate any new risks that might arise due to these changes. After a security incident, a prompt HIPAA breach risk assessment will provide insights into the breach causes and help identify preventive measures to avoid similar incidents. If HIPAA regulations change, a risk assessment will help you adapt to the new requirements and stay compliant.