Organizational asset

There is a saying in information security – you can’t protect what you don’t know exists. The entire purpose of risk management is to protect assets.

Assets are anything that provides value to the organization. These can be either tangible such as equipment, physical media, laptops, and so on, or intangible such as data, knowledge, reputation, people, and more.

Here is the list of the major assets of any organization:

• People: For any organization, their people are the greatest asset. Organizations are vulnerable to the loss of a key employee who may be the only person with the expertise and know-how in a specific area. Failure to identify key resources and effective cross-training in the absence of a key employee could lead to an ineffective transition or loss of business.
• Technology: Using outdated systems and technology could lead an organization into a precarious situation where they are vulnerable to malware infections...