A Time Line To Create Wealth

A Time Line To Create Wealth

PALOS VERDES, CA- Our investment philosophy is based on an individual’s chronological time line, which consists of three periods: (1) asset accumulation, (2) wealth building, and (3) asset conservation and how they are used to create wealth
The Playing Field is not level

 

The financial journey through life’s time line starts at different levels, depending on whether you were born with a plastic or a silver spoon in your mouth. As you travel through your time line, your in-vestment options change. Knowing where you are and what options are available will help you make the right choices.

A Winning Financial Plan up to Age 35

The first chronological period of your life—mid-twenties to mid-thirties—should be devoted to accumulating assets and acquiring basic necessities. When you’re just starting out, your assets are usually limited and the major portion of your income goes for the basic needs—food, clothing, and shelter.

This is the time to save, save, save! Amass as many investment dollars as possible. Your approach to investing during this period should be through tax-deferred plans at work or Individual Retirement Accounts (IRAs). Your degree of risk should be moderate. Investments included in this category are high quality corporate bonds, blue chip stocks, and growth-oriented no-load mutual funds.

Every effort should be made to purchase a home now. The advantages, from tax savings and equity buildup, historically outweigh the short-term benefits of lower monthly rent payments.

Be careful when sheltering yourself and your family from liability. Only pay for protection when you’re purchasing life insurance. Purchase whole life insurance if it will yield a higher rate of return than other investments. After reading the chapter on asset protection, you might seriously consider reducing your liability coverage.

Remember, your main financial goal during this time is tax-deferred accumulation of capital. Don’t take risks with your investments. Save as much as you can so that when you enter the next phase of the time line you’ll be ready to move forward.

Investing between the Ages of 35 and 50

After earnings have increased, assets have been accumulated, and necessities are under control, it’s time to move on. Ready or not, you must face the challenges during this aggressive investment period of your life, when you are between your mid-thirties and early fifties.

The Best Financial Plan for You

Your best financial plan is to create the maximum wealth during this aggressive investment period of your life. Build financial security yourself. Don’t rely on others to do it for you. Many people who relied on major banks and insurance companies for financial security ended up short when these institutions failed. The social security system will not do much better.

You should be careful not to over diversify your assets or adopt a “hold-back” attitude. You must concentrate your assets into one or two aggressive investments rather than spreading them out. Diversification often leads to ineffectiveness.

What if you fail during this period? What is your down side? If you consider your ability to bounce back because of your age, the political influence of your generation, taxes, and inflation, the real risk is minimized. Make your aggressive investments now. As you get older, your ability to rebound declines. If you do not try at this stage in your in-vestment time line, you probably will never do it, and more importantly, you will never know whether you could have made it.

French Barging: Bordeaux Cuisine

French Barging: Bordeaux Cuisine

Any trip through any region in France will likely be a culinary adventure. This is a country where the national cuisine is like a religion everyone believes and delicious home-cooked food can be found in the simplest brasserie restaurant. But while France is generally regarded as a very good home cooking, it does not mean that every department has no unique taste and taste of its own. From the northern crepes to the stews of the fish to the south, each region has a culinary tradition that boasts.
One of the great pleasures of a relaxed French barge cruise through a certain region of the country is the opportunity to instill yourself in the cuisine of this district and to discover the unique flavors, ingredients, and preparations used in local food. French Barging: Bordeaux Cuisine

Local ingredients of Bordeaux

The first thing you will see on your French barge cruise through the beautiful Bordeaux countryside is access to a variety of beautiful fresh and fresh ingredients. A landscape that includes a vast expanse of fields given for farming, the rivers that cross the road in this region, and the Atlantic coast that marks its border contributes to Bordeaux’s wonderful dishes. From fresh Atlantic oysters and local lamprey delights to the wild cèpes mushrooms found in forests and forests, Bordeaux’s natural environment is reflected in its cuisine.

As well as food grown on land, you will find different types of livestock kept in this fertile environment. Particularly notable in this area are lambs fed from Pauillac and lambs whose milk is used to make a famous local delicacy: Roquefort cheese. Of course the wine, especially Cognac and Armagnac, is the region’s most famous export; Not surprisingly, they all praised the delicious local cuisine.

Dishes to enjoy

On French Waterways French cruises, your on-board chef cruise will use a lot of fresh and locally sourced ingredients to create some of the delicious dishes served during your trip. Tasty food including pâté de fois gras, lamb with truffles, and cèpes prepared with breadcrumbs, garlic, parsley and ham, all can find their way to the dining table. Our chefs believe in a traditional approach to French regional cuisine – local drinks are served before the meal, and a three-course feast starts with a gentle amuse bouche to really get your flowing gastric juices. French Barging: Bordeaux Cuisine

There are some better ways to end your meal in Bordeaux than with a glass of Cognac or Armagnac to aid digestion and complete the fun of the evening. Whether you choose to enjoy it on your barge deck watching the sluggish winding of water beneath you, or in the company of friends in the elegant dining room, every meal will feel like a party to remember. In France the food is a way of life and there is no better place to enjoy a relaxed approach and pamper excellent cuisine than the French barge cruise through beautiful Bordeaux.

Paul Newman is a Marketing and E-Systems Executive for European Waterways, France’s most respected luxury barge cruiser service provider, and cruise ship barge to other major destinations. Part of an experienced barge team, Paul first queued to support a slow-paced barging cruise facility for anyone looking for a unique holiday experience. French Barging: Bordeaux Cuisine

5 Dazzling Jewelry Trends From the Met Gala

The Met Gala is known for celebrities showing off over-the-top fashions that will have the world talking. The fashions that take the world by first appear here first.

This event is an annual fundraiser for the Metropolitan Museum of Arts Costume’s Institute, which is in New York City. Every year has a theme, with this year’s being Rei Kawakubo / Comme des Garçons.

This year raised 12 million dollars for the institute.

Many of the biggest jewelry trends are started by celebrities that show up dressed to impress. Which of these stunning looks from the Met Gala will lead to the trends that will take over the fashion for the next year?

Read below for 5 dazzling jewelry trends from this year’s event!

1. Diamond Chokers
These chokers serve as a centerpiece to any outfit and will “wow” onlookers. Seen on many celebrities at the event, no one wore it better than Lily Aldridge.

These are seeming to pop up everywhere, and for good reason. Many jewelers can take a diamond necklace and make it any length to form a choker. They can also be incorporated into any type of style, from the subtle to the extreme.

2. Pastels Are In
Pastels flatter almost any skin tone and add color to your outfit in a more subtle, soft way. If you are looking for something that will show your flirty side, pastel colored jewels are it.

Jennifer Lopez and Jessica Chastain are two stars who rocked the pastel look with their dresses and their jewelry. These colors should be used carefully, however. There is a fine line between subtle and bland.

3. Colorful and Exciting
Many stars opted for a less subtle style, matching online flamboyant dresses with equally elegant pieces of jewelry. This jewelry will leave everyone in your vicinity speechless.

Julianne Moore showed off this trend, showcasing 144.36 karats of diamonds in her earrings. These yellow and red sapphire briolettes matched perfectly with her outfit, exuding both luxury and grace.

4. Studded Diamond Earrings
Many of the top celebrities at the Mets gala went for a simpler look when it came to their jewelry. The focus was on smaller pieces that accentuated an outfit instead of the larger pieces that dominated them.

Reese Witherspoon took the simple look to the extreme, choosing to wear diamond stud earrings without a necklace. This her natural beauty to shine through without the distraction of excessive jewelry.

5. Vintage Looks
The gala featured some trendy new modern styles with hip and edgy dresses and accessories. Many of these looks attempted to push against the lines of what is considered fashion.

While these looks might steal the attention of many fashion magazines, there are also stunning vintage looks that deserve just as much attention. Vintage jewelry with a modern twist made a major impact at the event.

Miranda Kerr’s vintage look coupled with classically inspired accessories show that sometimes a simple look is better.

This vintage jewelry can accent natural beauty and show a graceful, sophisticated side that will make you feel fabulous.

5 Most Shocking Meth Lab Explosions in History

Breaking Bad aired its finale in 2013. You’d think that it’s gonna get the right to decline.

Unfortunately, the manufacture of this deadly drug continues, and it continues to claim the lives not only of those who are addicted to the drug, but those who make it.

Unlike weed, there is nothing funny or entertaining about crystal meth.

Meth lab explosions are a tragic but all-too-common experience. Here’s a chilling look at some of the worst ones:

1. Locke, NY, 2014

Nine people in Upstate New York was charged in connection with the death of a man who died from injuries he sustained during a meth lab explosion. Four of the individuals arrested by the Cayuga County District Shawn Perrault, 47-year-old Shawn Perrault.

Authorities say that Perrault was actively cooking the methamphetamine in a mobile home when an explosion set the home, as well as a nearby barn, on fire. Perrault sustained major injuries, from which he died nine days later.

Perhaps most tragic of all? Three children were in the mobile home at the time of the incident.

2. Evansville, IN, 2011

In one of the worst meth labs explosions in recent history, three people were injured and two killed when a private home blew up. Two neighboring houses were also damaged and had to undergo hazmat cleanup, while the house in question had to be leveled,

In addition to the two fatalities and three adults who were injured, a child was also taken to a nearby hospital for treatment.

A neighbor who witnessed the explosion stated, “You feel it over your whole body – through your bones.”

3. Milton, FL, 2004

Heather Raybon is among the most notorious victims of meth lab explosions. She suffered severe, disfiguring facial burns during the initial incident, and has since undergone a number of plastic surgeries. Nevertheless, her face remains a shocking testament to the dangers of cooking methamphetamine.

Raybon was arrested several times after the explosion, once in 2009 when police raided a trailer on a warrant for her alleged boyfriend, William Hindall.

Hindall, 30, and Raybon were both charged with trafficking methamphetamine, possession of felony drug equipment and possession of chemicals necessary to manufacture the substance.

4. Lakeland, FL, 2012

In one of the most alarming meth lab explosions, a driver was killed while attempting to make meth from his moving vehicle. The body of 36-year-old Clifford Ellison was found inside his overturned car, along with evidence of a mobile, “shake-and-bake” meth kit.

This method of creating the drug involves mixing chemicals in a bottle, then shaking it. In Ellison’s case, the result was an explosion that drove shards of glass into his neck, killing him and causing the car accident.

5. Allegan, MI, 2011

Dennis Letts had been burned once before while attempting to manufacture meth, but a second incident frightened him into sobriety.

The explosion set Letts, then 28, on fire after throwing him 17 feet. He then burned for an estimated 90 seconds before a friend doused the flames with a fire extinguisher.

The skin on his chest, arms, and face, he said, was melting “like hot wax.”

Meth Lab Explosions Can Be Stopped
There are many dangers associated with crystal meth, both its manufacture and its use. To learn more about actions, visit the Community of Anti-Drug Coalitions of America website.

Best Way To Use Equipment Financing For Your Startup

Startups need the right resources to develop from day one. That means having the latest equipment available for your industry.

But what if you lack the capital to finance the equipment you need for success early on?

Luckily, startup founders like you can take full advantage of equipment financing to start your company strongly, regardless of any industry.

What’s your industry?
According to the latest data from the Leasing Equipment and Finance Association, professionals finance the financing tools for the following industries:

The transportation industry receives most of the equipment financing, almost 30% of all equipment financing businesses.
IT and related computer businesses represent 21.3% of all equipment financing.
Construction comes 11.5%
Agricultural business receives slightly more than 9% of all financing.
The medical industry reached 4.7%
The industrial and manufacturing sectors received 3.7%
Energy-related companies represent 2.5% of the equipment financing portion.
Now, for the next question we consider. What is the best way to use your equipment’s financial loan?

How to Use your Equipment Funding
Also included in the same ELFA report are figures for office machines (4.2%) and material handling (2.8%).

Whether your startup is focused on technology or agriculture, office machines are essential for your startup.

For example, you can use a financial loan equipment to purchase the following requirements for your business:

Printer
Scanner
Fotocopy machine
Communication devices such as fax and telephone
Desktop and laptop computers
Paper cutting machine
Server
Router and Internet modem
Lamination machine
However, it is important to note that computers eventually become obsolete over time. Therefore, you may find yourself already in need of an upgrade as soon as you pay off your equipment loan.

That’s why we recommend to consider the financing of office equipment with a longer life cycle.

On the other hand, material handling equipment does not have a short life cycle like a Macbook Pro or Dell laptop.

Material handling equipment is used in all industries, especially in the transportation, construction, agriculture and manufacturing sectors.

This type of equipment usually includes:

Conveyor belt
Silos for farming
Automated Guided Vehicles
Delivery pallet truck
General industrial trucks
Automatic picker
Side loader
Cranes
Other material handling equipment includes storage-related products such as stacking equipment, shelves, drive-in storage racks, and frames.

Material handling equipment is also important for start-up restaurants and other culinary related businesses.

If you are launching a new food startup, you may want to consider using your equipment financing loan to buy refrigerators, commercial freezers, commercial toasters, and ovens for example.

Equipment Financing: Next Steps
What’s great about being a new startup is you can immediately receive your equipment financing to get the ball rolling. In fact, you can even get approval by the end of one business day.

We recommend creating a list of the long laundry equipment you need to start your startup off the ground. It’s also important to get your finances to ensure you do not fall into “negative equity” during the first few years of your business as you repay your loan.

As a new business owner, you can take advantage of low equipment financing rates and pay off your loan over the span of 5 years as you work to generate that initial sale.

12 tips for flea market shopping

12 tips for flea market shopping

Endless stalls of invaluable heirlooms, modern gadgets and vintage clothing await you at a flea market but it’s so easy to miss out on these really treasured items. You could end up spending hours in one market stall and then have to speed through the rest, or you could get lost, wandering around in circles visiting the same stalls endlessly. It’s important to plan for the ultimate flea market shopping experience, and here are some ways to get the most out of your day.
Great tips for flea market shopping

 

1. Get a map
It’s not unheard of to get lost at a flea market which means missing out on some really great stalls so try source a map of the market ahead of time and plan your route accordingly. Get a feel for the market’s layout because most markets will generally place similar stalls in the same vicinity so you can decide where to go first. If you’re really diligent you can take note of the stalls you enjoyed or where you purchased items for a return visit another time.

2. Get there early
It’s always best to get to a market before the crowds arrive and while the stalls are still full and you can broswe the stalls and view the mehandise. Once your shopping is done you can enjoy the live enetrtainment or a bite to eat.

3. Make a day of it
A day at the flea market is a fantastic experience for the whole family so, rather than rushing through the stalls, make a day of it. Get in early for breakfast, take your time perusing the stalls while the children enjoy the fresh air and fun kids activities on offer. There are usually great discounts at the end of the day, so if you stick around, you’re bound to get some great deals.

4. Check out the entertainment
Flea markets often provide local musicians and entertainers with a really worthwhile platform to break into a new audience. It’s always encouraging to support the local talent and you might tap into an artist you’d never heard of before. Enhance your shopping experience with the day’s entertainment!

5. Take cash
Although there may be ATMs on site, the queues could be long and these portable ATMs often run out of cash. Added to this, some sellers won’t accept debit or credit cards so it’s worth taking cash – particularly smaller bills – to the market. Be sure to keep this in a secure bag which isn’t easily evident.

6. Wear comfortable shoes
Flea market shopping is not the time to break into your latest pair of high heels. Opt for a comfortable pair of walking shoes as you don’t want your market experience cut short because of painful feet.

7. Ask about pick-up policies
If you buy a big item, make sure you ask the seller about the pick-up policy. If you can only collect it in a day or two, make sure they will hold the item for you.

8. Choose your haggles
Don’t waste your, or the seller’s time haggling over a price if you’re actually not serious about buying. If you really do love the item and feel it’s somewhat overpriced, then a market is certainly the place to negotiate a price. Don’t be scared to try out your haggling skills but be courteous about it.

9. Go with an open mind
A flea market is not a retail store so don’t expect to find exactly what you want in mint condition. A market is the perfect place to find items with real potential so go in thinking of ways to re-purpose interesting finds, rather than passing them by. Cosmetic repairs are easy fixes so do some haggling and come away with a great bargain.

10. Don’t miss a good opportunity
If you find something you really love, it’s fine to take some time to consider whether it’s worth the price and haggle for the best deal, but if it’s something you really want, don’t walk away. Chances are, there will be a few people who visit the stall later and snatch it up.

11. Take a collapsible cart
If you’re going to take this market shopping seriously, then it’s worth taking a collapsible cart – or similar trolley device – with you. This frees up your hands, allowing you to browse easily and also means you won’t have aching arms carrying items just one hour in.

12. Check whether the market is pet friendly
If you couldn’t consider market shopping without your four-legged friend, then just check ahead if the market allows for pets. Many do cater for pets – on a lead – but make sure you clean up after your beloved pup.

5 Attorney Marketing Strategies to Promote Your Website

 

These days, if you do not have a strong presence online, you risk losing market share to your competitors.

Luckily, there are a few key attorney marketing strategies that you can use to boost your online presence and connect with potential clients.

Read on to learn how to grow your business.

The Attorney Marketing Strategies You Need to Know About
Whether you’re a criminal attorney or a ticket lawyer, online marketing is now a must.

If you’re used to advertising in print, these strategies may seem daunting. But there is a reason why some of the biggest brands in the world have made digital marketing the center of their advertising plan.

After all, your potential clients are most likely to find you online. You need to have a professional web presence that makes them want to learn more about your firm.

1. Create Content

Content is anything your clients read or interact with. This includes your:

Blog
Website
Newsletters
Infographics
Videos
Case studies
If you’re new to digital marketing, do not be overwhelmed. Simply start with a blog. Commit to publishing a new post at least once a week.

What should you blog about?

Your content needs to speak to your clients prospects and clients are dealing with. Consider the most common problems they’re facing.

Many business owners focus on themselves, writing blog posts about how great their business is. Instead, your posts should try to solve problems for your readers. That way, you can build your trustworthiness and respect in their eyes.

Once you’re established as an authority, it’s easy to grow your readership.

2. SEO

SEO can seem overwhelming, but it’s one of the best attorney marketing strategies around.

While creating great content is important, it alone is not enough. There are a number of SEO strategies you can use to get more eyes on your website.

Make a list of the keywords you want to rank for. Every time you create content, be sure to include those keywords in as many places as possible. Yes, even in image file names, meta descriptions, and article titles.

3. Digital Advertising

This is sometimes known as PPC or SEM. Basically, it’s paid online ads. You ‘ll use your keywords to create a Google campaign. These campaigns will usually be direct visitors to your landing page. That landing page will have a persuasive call-to-action.

You can also use Facebook advertising to speak directly to your target audience. Even Twitter and LinkedIn allow you to create targeted campaigns based on your tweets and posts.

4. Social Media

Social media is about building relationships and engaging with current and potential clients.

Twitter, LinkedIn, and Facebook are the main channels you should focus on if you’re new to attorney marketing. Commit to post regularly and responding to any new comments or messages. Remember, social media messaging systems are now seen as a part of your customer service.

5. Metrics

Once you start using above attorney marketing strategies, you need to see what’s working and what’s not. Google Analytics can allow you to do this. Here are some things you can look at each month:

Airport Taxi Service in Jamaica

Airport Taxi Service in Jamaica

Airport Taxi Service in Jamaica is getting better and better. Long gone are the days when taxi service on the island was just a means of getting from point A to point B. With the advent of the internet guests now have the convenient option to research and pre-book. In this new and competitive era, operators now have to step up their game to meet the demands of the Airport Taxi market.
Montego Bay, the prided city, is the gateway to Jamaica and boasts an international airport as well as a cruise port. As such, Private Taxi Taxi Service in Jamaica is crucial, as visitors need to move around quite often. In securing Airport Taxi Service, there are various options to consider that can be made prior to arriving in Jamaica.

 

As an add-on, some airline tickets do offer ground transportation which takes guests to their final destination. Further, some hotels do provide shared shuttle service as another option for transportation. Upon arrival in Jamaica, there is a taxi stand at the airport in Montego Bay where one could just walk up to the desk and get a cab immediately. Usually, this option is more expensive; as you know anything to do with airport comes at a higher price.

The best and most convenient option for securing a taxi in Montego Bay is to pre-book online. There is a myriad of options online all waiting to provide you with the best service ever. For the most part, the vehicles used are modern and fully air-conditioned and kept in an immaculate condition. These vehicles range from sedans to mini -vans which are capable of fitting up to 10 persons comfortably. As a commitment to the safety of your children, some taxi service on the island even offer complimentary child seats.

Though categorized as an island, Jamaica is a little bigger than most first time visitors think. It measures 4,411 square miles and has a population of almost 3 million people. This also means that some final destinations may be a bit farther than expected; up to three hours at most; so a comfortable ride with an amiable driver will be welcomed perk to your road trip experience.

Additionally, Tours and Excursions can also be booked on line and enjoyed as a private exploration of the island. For sure, a private tour is a better option than shared and it may not even cost more. You become the master of your vacation experience for an affordable cost. This option also gives the opportunity to save time so you can do more during what is already too short a stay in Paradise. Vacation time is precious, no need to wait on a big bus to be filled. Private taxi service in Jamaica is a better option.

Create the Best Content for an Adventure Travel Blog

Create the Best Content for an Adventure Travel Blog

A travel blog is a great way to fuel your passion for writing while exploring the world. There are so many benefits, it’s hard to imagine why everyone has not started yet.

Blogging is big business. Although it is difficult to know the exact number, it is estimated there are more than 440 million blogs worldwide. With so much competition, it’s not surprising that many are lost in the shuffle.

In order for adventure travel blogs to stand out, it should always feature killer content. Here are some tips to get started.

Consistent with your Adventure Travel Blog
Although easily distracted by new adventure planning, it is important to keep up with a consistent writing schedule. Bloggers who stop posting for months at a time may be surprised to find that their readers are not sitting waiting for them. Internet users have short attention spans, and blogs are quickly forgotten. Create the Best Content for an Adventure Travel Blog

Keep inspired
It’s hard for travel bloggers to come up with content while sitting at home on the couch. Booking your trips often gets you inspired and ensures you will always have new topics to fuel your blogging efforts.

Thanks to the new convenient service, Barcelona Transfer QuickTransfer, travel bloggers no longer have to worry about wandering around town looking for their destination. This service, available in many countries around the world, makes it easy to order cars online.

There is something to be said about the belief in knowing a professional driver will pick you up and deliver you directly to your chosen location.

Get Visual
Man is a visual being.

This is an important key to remember when composing your adventure travel blog. When visiting a foreign location, always be wary of unique and amazing photo opportunities.

As you compose your blog posts, be sure to integrate as many of these photos as possible.

Do not be afraid to think outside the box. Instead of photographing the same attractions displayed on hundreds of other sites, look for different perspectives. Use candid photographs of locals to capture the spirit of the location, play with lighting and angles, and take the time to get off the path.

Integrate with Social Media
Instagram and Facebook are the best way to promote your adventure travel blog. It exposes the content to a wider audience and allows readers to engage in any platform they like the most. Create the Best Content for an Adventure Travel Blog

An adventure travel blog that has consistent followers is much more likely to flourish.

When fans are loyal and willing to share your posts, you basically create a marketing team that is willing to work for free. Keep making killer posts, and there’s always a chance of getting exposed to viruses.

Take Security to Your Own Hand and get a HIPAA Risk Assessment

 

If your organization deals with protected health information, or PHI, the Department of Health and Human Services requires you to perform risk analysis as the first step to implement the safeguards specified in the HIPAA Security Rule, and ultimately achieve HIPAA compliance.

This includes all HIPAA hosting providers.

But what is a risk analysis? And what should be really included in your report?

The Health and Human Services Standards Guide outlines the nine compulsory components of risk analysis.
By conducting a comprehensive HIPAA risk assessment, it is very difficult to do on their own. You may want to contract with HIPAA auditors to help you.

Most people do not know what to find out, or they end up passing things because they do not understand data security.

If risk analysis is important to your security, then you do not want to ignore the key elements in the analysis.

There are nine components that health organizations and health-related organizations that store or transmit protected electronic health information must be included in their documents:

1. Scope of Analysis

To identify your scope – in other words, the area of ​​your organization you need to secure – you need to understand how the patient’s data flows in your organization.

It covers all the electronic media your organization uses to create, receive, maintain or transmit portable media, desktop and ePHI networks.

There are four main parts to consider when determining your scope.

Where PHI starts or enters your neighborhood.
What happens after that in your system.
Where PHI leaves your entity.
Where potential or leakage exists.
2. Data Collection

Here is a list of places to get you started in the documentation where PHI enters your neighborhood.

Email: How many computers do you use, and who can log in to each?
Text: How many mobile devices are there, and who owns them?
EHR entry: How many staff members are included in the data?
Fax: How many fax machines do you have?
USPS: How are incoming mail handled?
New patient paper: How much paper does the patient have to fill? Do they do this at the front desk? Test room? At another place?
Communication business associates: How do business partners communicate with you?
Database: Do you accept a marketing database of potential patients to contact?
It’s not enough to know where PHI started. You also need to know where to go when you enter your neighborhood.

To fully understand what is happening with the IRC in your environment, you should record all hardware, software, devices, systems and data storage locations that touch the IRC in any way.

Then what happens when the IRC leaves your hand? It is your job to make sure it is transmitted or destroyed in the safest way possible.

Once you know all the places where PHI is placed, transmitted, and stored, you will be better able to protect those vulnerable places.

Identification and Document of Potential Vulnerability and Threats

Once you know what happens during the PHI’s lifecycle, it’s time to find a gap. This gap creates an environment for unsecured PHI to leak inside or outside your environment.

The best way to find all possible leaks is to create a PHI current diagram documenting all the information you find above and putting it in a graphical format.

Viewing diagrams makes it easier to understand the PHI path and to identify and document anticipated vulnerabilities and threats.

Vulnerability is a defect in components, procedures, design, implementation, or internal control. The vulnerability can be fixed.

Some examples of vulnerabilities:

The website is incorrectly encoded
No office security policy
The computer screen is in view of the public patient waiting area
Threats are the potential of a person or object to trigger a vulnerability. Most threats remain outside your control to change, but must be identified to assess the risks.

Some examples of threats:

Geological threats, such as landslides, earthquakes, and floods
Hackers download malware to a system
The actions of members of the work force or business associates
Again, even if you are above average in terms of compliance, you may have little understanding of vulnerabilities and threats. It is important to seek professional help for your HIPAA risk assessment.

Assessing Current Security Measures

Ask yourself what kind of security measures you take to protect your data.

From a technical perspective, this is the case