Do you know what and where critical assets in your organisation are? Do you know their value? What about the impact of their disclosure, corruption or loss? Organisations depend on critical assets to operate and therefore require to have a distinct view of assets throughout its lifecycle.

Asset classification is the process for determining the critical assets and the required control to protect it according to its sensitivity. The process can be applied to any asset that has value, including business processes and environments.

Since not all assets have the same value or importance, different classification level may apply to different assets. A classification schema should be established and applied throughout the organisation based on the confidentiality of each asset.