Asset Classification
What is Asset Classification?
The process of categorising information assets based on their sensitivity, criticality, and value to the organisation. Classification levels typically include public, internal, confidential, and restricted.
Terms that appear alongside asset classification
Each of these is named in at least one of the same controls as asset classification. The number is how many controls name both.
- asset management 3 shared controls
- encryption 2 shared controls
- integrity 2 shared controls
- nist 2 shared controls
- configuration management database cmdb 2 shared controls
- risk assessment 2 shared controls
- risk register 2 shared controls
- configuration management 2 shared controls
Frameworks that govern asset classification
What the standards actually require on asset classification
Requirements naming asset classification across 6 standards, quoted from the control text.
Information assets, including those held by related parties and third parties, must be classified by criticality and sensitivity reflecting the potential impact of an incident on the entity or on depositors, policyholders, beneficiaries and other customers.
CPS234-20 · Information Asset Classification →Classify assets and label them where practicable, with the responsible owners determining protection needs under one uniform scheme that defines levels for confidentiality, integrity, availability and authenticity, reflecting the information each asset process...
C5-AM-06 · Asset Classification and Labelling →Per SEC + Howey Test: classify crypto assets as securities. Requirements include (a) Reliance on Efforts of Others Assessment + (b) Investment of Money + (c) Common Enterprise + (d) Expectation of Profits + (e) maintain documentation.
USSECCRYPTO-1 · Crypto Asset Classification (Securities Test) →Undertakings implement procedures ensuring CIA of ICT systems and services: vulnerability identification and remediation (patching, antivirus, compensating controls); secure configuration baselines;
EIOPA-ICTSG-GL.10 · ICT operations security →Kuwait NCF Identify function. Asset Identification and Classification: comprehensive Configuration Management Database (CMDB) covering hardware + software + data + cloud assets + IoT + OT/ICS + virtual + container + identity + business processes + suppliers.
KNCF-Identify-Asset-Risk-Management-CMDB-Classification-Crown-Jewels-CNI-NCSC-Sector-Designation · Kuwait NCF Identify + Asset Management + Risk + CNI + Crown Jewels →Implement Asset Management + Identity and Access Management + Cryptography per MTCS SS 584. Asset Management (ISO 27001 Annex A.8 alignment) - asset inventory (hardware + software + data + virtual + container + serverless) + asset classification + asset owners...
MTCS-Asset-IAM-Cryptography-Multi-Tier-Asset-Inventory-RBAC-MFA-PAM-FIPS-HSM-Quantum-Safe · MTCS Asset Mgmt + IAM + Cryptography + Asset Inventory + RBAC + MFA + PAM + FIPS + HSM + Quantum-Safe →Questions people ask about asset classification
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