ISO27001

ISO27001

Thue Ultimate Guide to Asset Management Policies

Introduction

In this ultimate guide we show you everything you need to know about the ISO 27001 Asset Management Policy and exactly what you need to do to satisfy it to gain ISO 27001 certification.

We will get to grips with what asset management is, understand why organisations need an Asset Management Policy, show you how to write one, and let you in on trade secret’s that’ll save you hours of time and effort, simply by using this template. 

What is an ISO 27001 Asset Management Policy?

The ISO 27001 Asset Management Policy sets out the guidelines and framework for how identify, protect and manage assets. It covers the entire lifecycle from acquiring the asset, using the asset to ultimately destroying the asst. It ensures the correct assets are identified and protected. We cannot protect what we do not know.

Asset management is one of the most time consuming activities that you will undertake. The asset management policy sets out what the company does when it comes to asset management. It is your blue print for the asset management life cycle.

ISO 27001 Asset Management Policy Template

The ISO 27001 Asset Management Policy Template is pre written and ready to go. It will fast track your implementation saving you hours of research and writing. ISO 27001 templates are an absolute time and life saver.

Downloadable Asset Management Templates

The following individual asset management templates will help you with asset management. They form part of the Ultimate ISO 27001 Toolkit.

What is the Purpose of the ISO 27001 Asset Management Policy?

The purpose of the ISO 27001 Asset Management Policy is to ensure the integrity of operational systems and prevent exploitation of technical vulnerabilities.

What is the ISO 27001 Asset Management Principle?

All assets are identified, classified and protected throughout their lifecycle from creation / acquisition through to destruction. The principle is that we cannot protect what we do not know.

How does the ISO 27001 asset management policy work?

When it comes to cyber security, you cannot protect what you do not know. Having an understanding of what you have, what computers, what data, what mobiles is fundamental in ensuring you have the right protection in place to protect them.

An ISO 27001 Asset Management Policy will set out what you do for managing those assets.

Asset Management Lifecycle

The asset management lifecycle is concerned with how you acquire, or purchase, assets. Then how you deploy them. It covers how you transport them, how you record them, how you allocate them, how you return them, how you reissue them and ultimately how you destroy them. The policy should cover all of these steps.

It seems simple. Just write down all the devices that you have. It is that simple but I am never surprised when even companies of less than 10 people struggle to know what they actually have.

Your asset management policy will cover every device that can store, process and transmit data. We are looking at the easy things like laptops, tablet, phones but we are also looking at switches and routers. Perhaps printers with memory. Perhaps removable storage. Can it store, process or transmit data? If the answer is yes, it is covered by the policy.

Does the policy include people’s personal devices?

Yes. Yes it does. If they want to use it to access your systems and your data.

What should ISO 27001 Asset Management Policy Contain?

Information and information processing, storing and transmitting devices are identified and an inventory of these assets is drawn up and maintained. Ownership of assets is identified, agreed and documented along with roles and responsibilities. The acceptable use of assets is covered as is the return of assets. The use of asset registers is included. The following is the content structure for the policy which you can see in the example ISO 27001 asset management policy pdf.

  • Document Contents Page
  • Document Version Control
  • Document Contents Page
  • Asset Management Policy
  • Purpose
  • Scope
  • Principle
  • Inventory of Physical and Virtual Assets
  • Inventory of Data Assets
  • Inventory of Software Licence Assets
  • Ownership of Assets
  • Acceptable use of assets
  • Return of Assets
  • Policy Compliance
  • Compliance Measurement
  • Exceptions
  • Non-Compliance
  • Continual Improvement
  • Areas of the ISO 27001 Standard Addressed

Asset management fits as part of a comprehensive information security management system that we explore on our ISO 27001 Templates Documents Ultimate Guide.

Example Asset Management Policy

If you want to have a look at an example ISO 27001 asset management policy PDF click the link. It is redacted in places but gives you a good idea of what good looks like.

Here is an extract.

Relevant ISO 27001 Controls

The following are ISO 27001 controls relevant to asset management to consider for further reading:

ISO 27001 Annex A 5.9 Inventory of information and other associated assets 

ISO 27001 Annex A 5.10 Acceptable use of information and other associated assets

ISO 27001 Annex A 5.11 Return of assets

ISO 27001 Annex A 7.9 Security of assets off-premises

ISO 27001 Asset Management Policy FAQ

Tag Post :

Share this article :