How Do You Meet the Asset Management Requirements of IS0 27001?

Latest update:
19 Jul
2022

In order to meet the requirements of ‘Asset management’ A.8 from Annex A of ISO 27001, it is necessary to identify organisational assets and define appropriate protection responsibilities, as well as ensuring that information receives an appropriate level of protection in accordance with its importance to the organisation.

Establishing Asset Registers

When compiling your asset registers or inventories, it is recommended that you record the following information for each information asset:

  • Asset type
  • Asset owner
  • Asset classification
  • Asset location
  • Asset impact levels in relation to confidentiality, integrity and availability

Establishing Asset Types

URM suggests the following basic segregation of assets:

  • Information assets
  • Supporting assets
    –  hardware
    –  software
    –  people
    –  buildings
  • Intangible assets (e.g., brand and reputation).

Identifying Asset Owners

In the process of identifying asset owners, it is important to identify a functional role that has oversight of specific types of assets.  

Asset owners are responsible for:

  • Identifying risks to the asset type
  • Providing guidance and instructions on how the asset should be used.
  • Identifying levels of protection required depending on the asset classification.
  • Implementing and verifying the effectiveness of security controls in respect of that asset type.

Assigning Asset Classifications

Depending on the organisational structure, it would typically be the asset owner who would decide asset classification.  The classification must be approved by top management and the criteria for protection of assets must be in line with their criticality.

Assigning Impact Levels

As with classification, impact levels need to be assigned by the asset owner.  Determining the impact levels of assets can be relatively complex, but in essence, the impact level will be inherited by the information contained on or within the asset.

Thumbnail of the Blog Illustration
Information Security
updateD:
8/8/2022
How do you Identify and Then Manage Your ISMS Scope?

When you are looking at the processes associated with managing the security of your organisation’s information assets, there are a number of occasions where you will need to consider the scope of...

Read more
Thumbnail of the Blog Illustration
Information Security
updateD:
4/10/2022
Should You Start Your ISO 27001 Programme with a Gap Analysis or a Risk Assessment?

The answer depends on your goals and knowledge of your current position. This blog will look at which is best and when.

Read more
Thumbnail of the Blog Illustration
Information Security
updateD:
8/8/2022
How Do You Gain Top Management Commitment?

In previous blogs, we have tackled a number of fundamental ISO 27001 components. In this blog, we’ll take a look at management commitment, one of the most significant.

Read more
"
Without doubt, URM helped us to achieve our planned objectives a lot sooner than expected. The engagement was a huge success and couldn’t have gone any better.
Group IT Director, UK Mail
contact US

Let us help you

Let us help you in your compliance journey by completing the form and letting us know how we can best support you.