ISO 27001 Annex : A.8 Asset Management

A.8.1 Responsibility for Assets

ISO 27001 Annex : A.8 Asset Management Its objective is to identify and establish acceptable security responsibilities for the organization’s assets .

A.8.1.1 Inventory of Assets

Control- Assets related to information and information facilities of an organization should be identified and listed, inventory of these assets should also be maintained.

Implementation Guidance- An organization will identify important assets in the information lifecycle, and document their importance. The life-cycle of information should include creation, processing, storage, transmission, deletion, and destruction. Documentation of specific or current inventories should be maintained, as per need.

The inventory of assets should be accurate, up to date, compatible, and matched with other inventories. The ownership of the asset should be allocated to each of the specified assets and the classification should be specified.

Related Product : ISO 27001 Lead Auditor Training And Certification ISMS

Other Information- Asset inventories help to ensure adequate protection for certain purposes such as safety and health, insurance, or financial (asset management) reasons. This may also be achieved for other required factors.

As with humans, life is their greatest asset, similarly, the organization too have its assets. when you keep yourself safe and stable, you live longer, in the same way, if the company keeps its assets protected, its reputation and success on the market lasts longer.

For a healthy business, identifying the assets, making an inventory of the assets, and assigning an owner to the assets is important. The guidelines for and the implementation of these Asset Management Guidelines are provided in Annex A.8. At Infosavvy we have our trainers as our assets who are skilled and well-trained in various courses in the field of information security and we are also eligible for one of the most important certificates in the area of information security. i.e. IRCA CQI ISO 27001:2013 Lead Auditor (LA) and ISO 27001 Lead Implementer (LI) (TÜV SÜD Certification) . Our trainers can empower you to do better asset management by providing you with in-depth information and numerous examples for the same, helping the applicant to improve their skills and do well.

ISO / IEC 27005[11J offers a list of assets to be taken into account by the organization. A critical risk management requirement (such as ISO / IEC 27000 and ISO / IEC 2700511) is the framework for compiling asset listing.

A.8.1.2 Ownership of Assets

Control- Assets in the inventory should have their owners (Asset-owner)

Implementation Guidance- Individuals who qualify as asset owners are management authorized and are responsible for the asset whole throughout its life cycle.

A process is usually enforced to make sure timely assigning of asset ownership. Ownership should be allocated when creating assets or transferring assets to the organization. The owner of the asset should adequately manage the asset over the entire asset life cycle.

Responsibilities of the asset owner are as follows:-

Ensuring the proper inventory of the assets

 Ensuring proper classification and security of the assets

Defines and regularly updating access constraints and classifying important assets taking into consideration the existing access management policies;

 Ensuring proper management of assets when they are deleted or destroyed

Other Information- The defined owner may be either a person or an entity that has authorized management control over an asset’s entire lifecycle. The defined owner doesn’t necessarily have ownership rights to the assets.

Routine duties may also be assigned, for example to a custodian who takes care of the properties on a day-to-day basis, but the responsibility remains with the owner.

It can be helpful to identify groups of assets that function together to provide a specific service for complex information systems. In this situation, the owner is responsible for the delivery of the service, including its asset operation.

Also Read : ISO 27001 Annex : A.7.3 Termination and Change of Employment

Questions related to this topic
  1. What exactly is ISO 27001 Annex : A.8 Asset Management?
  2. What does an asset management company do?
  3. What are the types of asset management?
  4. Why is asset management important?
  5. What are the controls of ISO 27001 Annex : A.8 Asset Management?

ISO 27001 Requirements


Clause 4.2 Understanding the needs and expectations of interested parties 
Clause 4.4 Information security management system
Clause 4.3 Determining the scope of the information security management system
Clause 5.1 Leadership and commitment
Clause 5.2 Policy
Clause 5.3 Organizational roles, responsibilities and authorities 
Clause 6.1 Actions to address risks and opportunities
Clause 6.1.2 Information security risk assessment process
Clause 6.1.3 Information security risk treatment
Clause 6.2 Information security objectives & planning
Clause 7.1 Resources
Clause 7.2 Competence
Clause 7.3 Awareness
Clause 7.4 Communication
Clause 7.5 Documented information Implementation Guideline
Clause 8.1 Operational planning & control
Clause 8.2 Information security risk assessment
Clause 8.3 Information security risk treatment
Clause 9.1 Performance evaluation Monitoring, measurement, analysis & evaluation
Clause 9.2 Internal audit
Clause 9.3 Management review
Clause 10.1 Non conformity and corrective action
Clause 10.2 Continual Improvement 

ISO 27001 Annex A Controls


Annex A.5 Information Security Policies
Annex A.6 Organization of Information Security
Annex A.6.2 Mobile Devices and Teleworking
Annex A.7 Human Resource Security
Annex A.7.2 During Employment
Annex A.7.3 Termination and Change of Employment
Annex A.8.1.3 Acceptable Use of Assets & A.8.1.4 Return of Assets
Annex A.8.2 Information Classification
Annex A.8.2.2 Labeling of Information & A.8.2.3 Handling of Assets
Annex A.8.3 Media Handling
Annex A.9 Access Control
Annex A.9.1.2 Access to Networks and Network Services
Annex A.9.2 User Access Management
Annex A.9.2.3 Management of Privileged Access Rights  
Annex A.9.2.4 Management of Secret Authentication Information of Users
Annex A.9.2.5 Review of User Access Rights 
Annex A.9.2.6 Removal or Adjustment of Access Rights
Annex A.9.3 User Responsibilities
Annex A.9.4 System and Application Access Control
Annex A.9.4.4 Use of Privileged Utility Programs 
Annex A.9.4.5 Access Control to Program Source Code
Annex A.10 Cryptography
Annex A.11 Physical and Environmental Security
Annex A.11.2 Equipment
Annex A.11.1.3 Securing Offices, Rooms and Facilities
Annex A.11.1.4 Protecting Against External and Environmental Threats
Annex A.11.1.5 Working in Secure Areas
Annex A.11.1.6 Delivery and Loading Areas
Annex A.11.2.4 Equipment Maintenance
Annex A.11.2.5 Removal of Assets
Annex A.11.2.6 Security of Kit and Assets Off-Premises
Annex A.11.2.7 Secure Disposal or Re-use of Equipment
Annex A.11.2.8 Unattended User Equipment
Annex A.11.2.9 Clear Desk and Clear Screen Policy
Annex A.12 Operations Security
Annex A.12.2 Protection from Malware
Annex A.12.3 Backup
Annex A.12.4 Logging and Monitoring
Annex A.12.5 Control of Operational Software
Annex A.12.6 Technical Vulnerability Management
Annex A.12.7 Information Systems Audit Considerations
Annex A.13 Communications Security
Annex A.13.2 Information Transfer
Annex A.13.2.3 Electronic Messaging
Annex A.13.2.4 Confidentiality or Non-Disclosure Agreements
Annex 14 System Acquisition, Development and Maintenance
Annex A.14.1.2 Securing Application Services on Public Networks
Annex A.14.1.3 Protecting Application Services Transactions
Annex A.14.2 Security in Development and Support Processes
Annex A.14.2.3 Technical Review of Applications after Operating Platform Changes
Annex A.14.2.4 Restrictions on Changes to Software Packages
Annex A.14.2.5 Secure System Engineering Principles
Annex A.14.2.6 Secure Development Environment
Annex A.14.2.7 Outsourced Development
Annex A.14.2.8 System Security Testing
Annex A.14.2.9 System Acceptance Testing
Annex A.14.3 Test data
Annex A.15 Supplier Relationships
Annex A.15.1.2 Addressing Security Within Supplier Agreements
Annex A.15.1.3 Information and Communication Technology Supply Chain
Annex A.15.2 Supplier Service Delivery Management
Annex A.16 Information Security Incident Management
Annex A.16.1.2 Reporting Information Security Events
Annex A.16.1.3 Reporting Information Security Weaknesses
Annex A.16.1.4 Assessment of and Decision on Information Security Events
Annex A.16.1.5 Response to Information Security Incidents
Annex A.16.1.6 Learning from Information Security Incidents
Annex A.16.1.7 Collection of Evidence
Annex A.17 Information Security Aspects of Business Continuity Management
Annex A.17.1.3 Verify, Review and Evaluate Information Security Continuity
Annex A.18 Compliance
Annex A.18.1.3 Protection of Records
Annex A.18.1.4 Privacy and Protection of Personally Identifiable Information
Annex A.18.1.5 Regulation of Cryptographic Controls
Annex 18.2 Information Security Reviews

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