Asset Inventory in ISO 27799 Dataset (Publication Date: 2024/01)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Does your organization have a central, enterprise wide data inventory, data asset register?
  • Does your organization Data Strategy include data inventory and/or metadata management and improvement?
  • Should asset management employees perform the inventory, or should your co workers become involved?


  • Key Features:


    • Comprehensive set of 1557 prioritized Asset Inventory requirements.
    • Extensive coverage of 133 Asset Inventory topic scopes.
    • In-depth analysis of 133 Asset Inventory step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 133 Asset Inventory case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Encryption Standards, Network Security, PCI DSS Compliance, Privacy Regulations, Data Encryption In Transit, Authentication Mechanisms, Information security threats, Logical Access Control, Information Security Audits, Systems Review, Secure Remote Working, Physical Controls, Vendor Risk Assessments, Home Healthcare, Healthcare Outcomes, Virtual Private Networks, Information Technology, Awareness Programs, Vulnerability Assessments, Incident Volume, Access Control Review, Data Breach Notification Procedures, Port Management, GDPR Compliance, Employee Background Checks, Employee Termination Procedures, Password Management, Social Media Guidelines, Security Incident Response, Insider Threats, BYOD Policies, Healthcare Applications, Security Policies, Backup And Recovery Strategies, Privileged Access Management, Physical Security Audits, Information Security Controls Assessment, Disaster Recovery Plans, Authorization Approval, Physical Security Training, Stimulate Change, Malware Protection, Network Architecture, Compliance Monitoring, Personal Impact, Mobile Device Management, Forensic Investigations, Information Security Risk Assessments, HIPAA Compliance, Data Handling And Disposal, Data Backup Procedures, Incident Response, Home Health Care, Cybersecurity in Healthcare, Data Classification, IT Staffing, Antivirus Software, User Identification, Data Leakage Prevention, Log Management, Online Privacy Policies, Data Breaches, Email Security, Data Loss Prevention, Internet Usage Policies, Breach Notification Procedures, Identity And Access Management, Ransomware Prevention, Security Information And Event Management, Cognitive Biases, Security Education and Training, Business Continuity, Cloud Security Architecture, SOX Compliance, Cloud Security, Social Engineering, Biometric Authentication, Industry Specific Regulations, Mobile Device Security, Wireless Network Security, Asset Inventory, Knowledge Discovery, Data Destruction Methods, Information Security Controls, Third Party Reviews, AI Rules, Data Retention Schedules, Data Transfer Controls, Mobile Device Usage Policies, Remote Access Controls, Emotional Control, IT Governance, Security Training, Risk Management, Security Incident Management, Market Surveillance, Practical Info, Firewall Configurations, Multi Factor Authentication, Disk Encryption, Clear Desk Policy, Threat Modeling, Supplier Security Agreements, Why She, Cryptography Methods, Security Awareness Training, Remote Access Policies, Data Innovation, Emergency Communication Plans, Cyber bullying, Disaster Recovery Testing, Data Infrastructure, Business Continuity Exercise, Regulatory Requirements, Business Associate Agreements, Enterprise Information Security Architecture, Social Awareness, Software Development Security, Penetration Testing, ISO 27799, Secure Coding Practices, Phishing Attacks, Intrusion Detection, Service Level Agreements, Profit with Purpose, Access Controls, Data Privacy, Fiduciary Duties, Privacy Impact Assessments, Compliance Management, Responsible Use, Logistics Integration, Security Incident Coordination




    Asset Inventory Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Asset Inventory


    Asset inventory refers to the process of identifying and documenting all data assets within an organization, including their location and characteristics, in order to ensure effective management and utilization of these assets.


    1. Solution: Implement a centrally managed data inventory system.
    - Benefit: Provides a consolidated view of all data assets, making it easier to identify potential risks and vulnerabilities.

    2. Solution: Regularly update the data asset register.
    - Benefit: Ensures accurate and up-to-date information about all data assets, improving risk management and compliance efforts.

    3. Solution: Classify data assets based on sensitivity and criticality.
    - Benefit: Helps prioritize security measures and protect the most important assets.

    4. Solution: Limit access to the data asset register to authorized personnel.
    - Benefit: Reduces the risk of unauthorized access or modifications to sensitive data.

    5. Solution: Implement a backup and recovery plan for the data asset register.
    - Benefit: Ensures that the information in the register is not lost in case of a data breach or system failure.

    6. Solution: Regularly review and audit the data asset register.
    - Benefit: Allows for identification of any discrepancies or inconsistencies in the data inventory, ensuring its accuracy and usefulness.

    7. Solution: Integrate the data asset register with other systems, such as incident response and risk management.
    - Benefit: Enables a more holistic approach to managing data security and privacy risks.

    8. Solution: Provide training on proper data asset classification and handling.
    - Benefit: Increases awareness and understanding among employees of the importance of protecting data assets.

    9. Solution: Automate the process of updating the data asset register.
    - Benefit: Reduces the administrative burden and ensures that the register is always up-to-date.

    10. Solution: Have a designated person or team responsible for managing the data asset register.
    - Benefit: Ensures accountability and ownership of the data inventory, facilitating efficient maintenance and updates.

    CONTROL QUESTION: Does the organization have a central, enterprise wide data inventory, data asset register?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    By 2031, our organization will have successfully implemented a comprehensive and centralized data inventory system that encompasses all of our data assets across the entire enterprise. This database will have robust capabilities for tracking and cataloguing all types of data, including structured and unstructured data, and will be continuously updated in real-time. Our data inventory system will serve as the foundation for our data governance strategy, allowing us to better understand and utilize our data, while also ensuring compliance with privacy regulations. Additionally, this asset register will facilitate data-driven decision-making and promote collaboration and knowledge sharing among all teams within the organization. We will strive to maintain the highest level of data quality and accessibility, making our organization a leader in data management and asset inventory within our industry.

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    Asset Inventory Case Study/Use Case example - How to use:



    Synopsis:

    The organization in question is a large global company operating in the technology sector. With various business units and departments spread across different regions, the company faced challenges in maintaining a centralized data inventory. Data silos were prevalent, making it difficult to track and manage the vast amount of data being generated and used by the organization. This lack of a central, enterprise-wide data inventory presented significant risks and hindered the organization′s ability to make informed decisions based on data-driven insights. As a result, the company sought consulting services to establish an efficient asset inventory system and better manage their data assets.

    Consulting Methodology:

    To address the client′s needs, our consulting team used a three-phase approach: Assessment, Design & Implementation, and Maintenance & Monitoring.

    1. Assessment:
    The first step was to conduct a thorough assessment of the client′s existing data management processes, including data inventory and asset tracking. The team interviewed key stakeholders from various departments to understand their data needs, usage, and storage methods. Additionally, data management policies and procedures were reviewed to identify any gaps or inconsistencies.

    2. Design & Implementation:
    Based on the assessment findings, the team designed a centralized data inventory framework, taking into account the organization′s size, structure, and data sources. The framework included a data classification system, metadata standards, and data governance policies. The team also identified and implemented a suitable data inventory tool that could integrate with the organization′s existing systems and streamline data collection and tracking.

    3. Maintenance & Monitoring:
    The final phase involved training the organization′s data management personnel on the new data inventory system and providing ongoing support to ensure its successful implementation. The team also established a process for regular data inventory audits and updates to ensure the accuracy and completeness of the inventory.

    Deliverables:

    1. Comprehensive assessment report detailing the current state of data inventory and asset management processes.
    2. Design and implementation of a central data inventory framework.
    3. Selection and implementation of a data inventory tool.
    4. Data governance policies and procedures.
    5. Training sessions for data management personnel.
    6. Ongoing support and monitoring.

    Implementation Challenges:

    The implementation of a centralized data inventory system presented several challenges that required special attention to ensure successful implementation. Some of the key challenges and their resolutions are highlighted below:

    1. Resistance to change: Many employees were resistant to adopting new processes and systems, particularly those who were accustomed to traditional data management practices. The consulting team conducted training sessions to address this challenge, emphasizing the benefits of a central data inventory and how it would improve their work processes.

    2. Lack of data standardization: With multiple departments and data sources, data standardization was a significant challenge. The team worked closely with department heads to establish a standardized data classification system and metadata standards to ensure consistency across all data assets.

    3. Integration with existing systems: The organization had various systems and tools in place, making integration with the data inventory tool a complex process. The team worked with the IT department to identify and resolve any integration issues to ensure seamless data collection and tracking.

    KPIs:

    To measure the success of the project, the following key performance indicators (KPIs) were established:

    1. Time saved in data retrieval: One of the main goals of implementing a central data inventory was to improve efficiency in data retrieval. The KPI measured the time saved by employees in accessing necessary data after the implementation of the new system.

    2. Increase in data accuracy: With a central data inventory, the organization aimed to improve the accuracy of its data assets. The KPI measured the percentage increase in data accuracy post-implementation.

    3. Reduction in data redundancy: Data silos often result in duplicate data, which can lead to wasted resources and increased data management costs. The KPI measured the reduction in data redundancy after the implementation of the central data inventory.

    Other Management Considerations:

    1. Data Security: With a centralized data inventory, it was crucial to ensure the security of sensitive data. The organization implemented strict data governance policies and procedures to protect its data assets from cyber threats and other unauthorized access.

    2. Ongoing Maintenance: To ensure the accuracy and relevance of the data inventory, the organization established a process for regular audits and updates. This ongoing maintenance would help sustain the success achieved through the implementation of the new system.

    3. Scalability: As the organization continued to grow, it was essential to have a data inventory system that could scale with its expansion. The selected tool and framework were scalable, eliminating the need for further investments in the future.

    Conclusion:

    The implementation of a central, enterprise-wide data inventory system proved to be a significant success for the organization. It provided a unified view of all data assets, making it easier for employees to find and use relevant information. The new system also improved data accuracy and reduced redundancies, leading to cost savings and increased efficiency. Through regular audits and updates, the organization can ensure the continued success of the data inventory system. Overall, the project highlighted the importance of a centralized data inventory in today′s data-driven business landscape, and serves as a successful case study for organizations facing similar challenges.

    References:

    1. Albrecht, D., Erevelles, S., & Trautrims, A. (2017). Enterprise-wide data management: a case study in the retail industry. Journal of Business Strategy, 38(3), 47-55.
    2. KPMG International. (2019). Inventory management: The key to convenient asset control. Retrieved from https://home.kpmg/xx/en/home/insights/2019/06/assets-under-control-growing-emerging-market-companies.html
    3. IBM. (2016). How to achieve enterprise-wide data excellence. Retrieved from https://www.ibm.com/downloads/cas/ZEL4EEOZ.

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