Browse Definitions :
Definition

information asset

An information asset is a body of knowledge that is organized and managed as a single entity.

Like any other corporate asset, an organization's information assets have financial value. That value of the asset increases in direct relationship to the number of people who are able to make use of the information. 

Because information can have a short lifecycle, it tends to depreciate over time as do many other types of corporate assets. The speed at which information loses its value depends upon the type of information the asset represents and how accurate the information can remain over time. In some organizations, information that cannot be used is considered to be a liability.

An information asset can be classified according to any criteria, not only by its relative importance or frequency of use. For example, data can be broken down according to topic, when it was created, where it was created or which personnel or departments use it the most. A data classification system can be implemented to make the organization's information assets easy to find, share and maintain.

See also: IT asset, ghost asset, digital asset management, enterprise asset management, asset liability management

This was last updated in August 2013

Continue Reading About information asset

SearchCompliance
  • OPSEC (operations security)

    OPSEC (operations security) is a security and risk management process and strategy that classifies information, then determines ...

  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

SearchSecurity
  • hardware security module (HSM)

    A hardware security module (HSM) is a physical device that provides extra security for sensitive data.

  • buffer overflow

    A buffer overflow occurs when a program or process attempts to write more data to a fixed-length block of memory, or buffer, than...

  • biometric verification

    Biometric verification is any means by which a person can be uniquely identified by evaluating one or more distinguishing ...

SearchHealthIT
SearchDisasterRecovery
  • What is risk mitigation?

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

SearchStorage
  • What is RAID 6?

    RAID 6, also known as double-parity RAID, uses two parity stripes on each disk. It allows for two disk failures within the RAID ...

  • VRAM (video RAM)

    VRAM (video RAM) refers to any type of random access memory (RAM) specifically used to store image data for a computer display.

  • PCIe SSD (PCIe solid-state drive)

    A PCIe SSD (PCIe solid-state drive) is a high-speed expansion card that attaches a computer to its peripherals.

Close