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Asset Management

The process of tracking and managing hardware, software, and data assets in an organization.

Understanding Asset Management


Asset management in cybersecurity involves maintaining a comprehensive inventory of all organizational assets, understanding their value and risk levels, and implementing appropriate controls to protect them throughout their lifecycle.

Asset Categories


1. Physical Assets

  • Hardware devices

  • Network infrastructure

  • Storage media

  • Security equipment

2. Digital Assets

  • Software applications

  • Operating systems

  • Databases

  • Source code

3. Information Assets

  • Intellectual property

  • Customer data

  • Financial records

  • Business plans

Asset Lifecycle Management


1. Acquisition

  • Procurement processes

  • Security requirements

  • Vendor assessment

  • Cost analysis

2. Deployment

  • Configuration management

  • Security baselines

  • Access controls

  • Documentation

3. Maintenance

  • Regular updates

  • Performance monitoring

  • Security patching

  • Health checks

4. Retirement

  • Data wiping

  • Secure disposal

  • Asset recycling

  • Documentation updates

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