4.1 Asset Management

All information assets must be identified, classified according to their sensitivity, and properly protected throughout their lifecycle. This includes physical and digital assets, intellectual property, and information systems.

Asset Inventory Requirements

  • Complete Asset Register: Maintain an accurate, up-to-date inventory of all information assets including hardware, software, data, and documentation
  • Asset Ownership: Assign clear ownership and custodian responsibilities for each asset with defined accountability
  • Asset Location Tracking: Document physical and logical locations of all assets for security and recovery purposes
  • Lifecycle Management: Track assets from acquisition through disposal with appropriate security controls at each stage

Classification Framework

  • Public: Information that can be freely disclosed without harm to the organization
  • Internal: Information intended for use within the organization and authorized partners
  • Confidential: Sensitive information requiring protection from unauthorized disclosure
  • Restricted: Highly sensitive information requiring the highest level of protection

Protection Measures

  • Access Controls: Implement role-based access controls aligned with asset classification levels
  • Handling Procedures: Establish secure handling, storage, and transmission procedures for each classification
  • Labeling Requirements: Clearly label physical and electronic assets according to their classification
  • Secure Disposal: Implement secure disposal procedures that prevent unauthorized recovery of information
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