Building free ISMS asset management that scales

Getting a free asset management policy is easy, making it audit-ready and scalable is not. Learn how to make your policy infinitely adaptable to current and future compliance needs

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An asset management policy is a vital part of an Information Security Management System (ISMS). It sets out how an organisation identifies, classifies and protects its information assets throughout their lifecycle.

By defining clear responsibilities and controls, an asset management policy should help reduce the risk of asset loss, shadow IT proliferation and improve overall management of assets in the organisation. From a compliance perspective, it is a key policy proving the organisation meets ISO 27001 requirements, especially the asset management controls in Annex A (specifically, A.5.9, A.5.10 and A.5.11).

There is no shortage of guidance on how to write an asset management policy. The internet is full of ISMS building guidance and free templates. You can even write ISMS policies using AI chatbots. The hard work lies in adapting generic policy templates to fit the operating reality of your organisation and overcoming the inherent challenges of building ISMS policies using open source materials.

For asset management policies, that means understanding asset management fundamentals and translating them into clear rules. This is what helps repeatedly pass audits without spending huge consulting sums. However, the bigger challenge is building the free tools and processes that keep asset management running at scale so you stay ready for future compliance demands.

In this post we demystify both aspects to help you build an inexpensive asset management policy that is infinitely adaptable.