Asset management and asset security

Asset management involves the systematic process of identifying, classifying, and maintaining an inventory of all physical and digital assets within an organization. This comprehensive visibility enables organizations to understand what assets they own, their current status, and their value to the organization. So organizations can optimize resource allocation, prevent unauthorized access and ensure compliance with regulatory requirements.
Asset security focuses on protecting these assets from threats and vulnerabilities. This involves implementing security measures such as encryption, access controls, and regular updates to safeguard both physical and digital assets from unauthorized access, theft, and damage. Effective asset security ensures that sensitive information remains confidential, integrity is maintained, and availability is preserved, even in the face of potential cyber attacks.
Asset management and asset security are foundational elements of a robust cybersecurity strategy, ensuring that all organizational assets are accounted for, tracked, and adequately protected.