This policy establishes a clear process for managing your company’s assets—from laptops and software licenses to critical data. It helps you know what you have, who has it, and how it's protected, which is essential for security and compliance.
-
Create a Complete Asset Inventory: Maintain an accurate record of all hardware, software, and data assets to prevent loss and eliminate security blind spots.
-
Assign Clear Ownership: Ensure every asset has a designated owner, improving accountability for its use, protection, and return.
-
Secure the Entire Asset Lifecycle: Implement formal processes for issuing, tracking, and safely disposing of assets to protect the sensitive data they contain.
-
Simplify Audits & Compliance: Easily demonstrate control over your assets to meet key requirements for ISO 27001:2022, GDPR, and other regulations.
Read Full Overview
The Asset Management Policy for SMEs is meticulously crafted to address the unique challenges faced by small and medium-sized enterprises in managing their assets. This policy aims to ensure comprehensive visibility and control over organizational assets, encompassing hardware, software, data, and digital credentials. By meticulously maintaining an up-to-date inventory, SMEs can significantly reduce the risk of untracked and misused resources, thus preventing potential security incidents. For SMEs, this policy serves as a critical tool in achieving compliance with international standards such as ISO/IEC 27001:2022 and regulatory frameworks including GDPR, NIS2, and DORA. The structured approach not only supports regulatory compliance but also enhances the organization's ability to respond to incidents and plan for business continuity.
What's Inside
- Creating an Asset Inventory
- Asset Lifecycle Management
- Asset Classification & Labeling
- Physical & Digital Asset Protection
- Rules for Laptops, Phones & USBs
- Secure Asset Disposal & Data Wiping
- Roles & Responsibilities
- Enforcement & Compliance
Built for Leaders, By Leaders
This policy gives you a straightforward, manageable system for asset control, providing the same level of discipline as a large enterprise without the complexity. It was authored by a security leader to be a practical framework that stands up to auditor scrutiny.
Authored by an expert holding:
Framework Compliance
🛡️ Supported Standards & Frameworks
This product is aligned with the following compliance frameworks, with detailed clause and control mappings.
| Framework | Covered Clauses / Controls |
|---|---|
| ISO/IEC 27001:2022 | 8.1 |
| ISO/IEC 27002:2022 | 5.9 |
| NIST SP 800-53 Rev.5 | CM-8 |
| EU GDPR | Art. 30 |
| EU NIS2 | Art. 21(2)(a) |
| EU DORA | Art. 5(8) |
| COBIT 2019 | BAI09 |
Part of a Complete ISMS Toolkit
This policy is one of 37 documents in our complete toolkit. When implemented as a set, our framework helps you achieve comprehensive compliance across major standards.
100%
ISO 27001:2022
95%
NIST
88%
NIS2
75%
DORA
70%
GDPR
Related Policies
This foundational policy is directly linked to the following organizational security policies to ensure comprehensive alignment and traceability across the ISMS.
P2S - Governance Roles & Responsibilities Policy
Assigns accountability for policy ownership and IT operations.
P4S - Access Control Policy
Links asset usage to user access rights and identity management.
P7S - Onboarding and Termination Policy
Ensures asset issuance and recovery are built into HR processes.
P13S - Data Classification and Labeling Policy
Provides rules for determining an asset's classification level.
P30S - Incident Response Policy
Guides response procedures if an asset-related event causes a breach.
About This Policy
An Asset Management Policy is a foundational document for information security that establishes a formal process for tracking and managing all of an organization’s valuable assets. For a Small or Medium-sized Enterprise (SME), this includes not just physical hardware like laptops and servers, but also software licenses, cloud subscriptions, and critical data repositories. The core principle is simple: you cannot protect what you do not know you have.
This policy provides a structured yet simple framework for creating and maintaining an asset inventory, assigning ownership for each asset, and managing its entire lifecycle—from procurement to secure disposal. By implementing this ISO 27001:2022-aligned policy, your SME can reduce the risk of lost or stolen equipment, prevent the use of unauthorized software, ensure compliance with data protection laws like GDPR, and provide auditors with a clear, accurate record of its technology environment.
