What is an essential focus in asset management?

Identifying and tracking digital assets is a crucial component of effective asset management. In the field of cybersecurity, digital assets refer to any data, devices, or systems that an organization relies on to operate and deliver services. Managing these assets entails knowing what they are, where they are located, how they are used, and the value they bring to the organization.

This focus allows organizations to maintain a comprehensive inventory of their assets, assess their vulnerabilities, and ensure that they are adequately protected against potential threats. If an organization cannot identify and track its digital assets, it becomes extremely difficult to implement appropriate security measures, conduct risk assessments, and respond to incidents effectively. Thus, this focus is foundational to establishing a robust security posture and ensuring business continuity.