This article is for IT, cybersecurity managers, information security managers or risk managers.
Software Asset Definition
Software assets encompass software products and services utilized by an organization for its operations. These assets include all software applications and cloud-based services (SaaS - Software as a Service) employed by the company. They are deemed assets due to their value to the organization, whether in monetary terms or through their contribution to operations. Some software assets hold critical importance for the organization's functionality.
Examples of Software Assets
- Enterprise Resource Planning (ERP) systems: Integrated software platforms like SAP or Oracle ERP that help manage business processes.
- Human resource management systems
- Payroll software
- Work and people management systems
- Financial or Accounting software
- Customer relationship management (CRM) systems: Tools like Salesforce or HubSpot that help manage a company's interactions with current and potential customers.
- email server
- Operating Systems: Software that manages computer hardware and software resources, such as Windows, macOS, or Linux.
- Database Management Systems: Software such as Oracle, MySQL, or Microsoft SQL Server used to manage and organize data.
- Cloud document storage
- Security software: Applications such as antivirus programs (eg Norton, McAfee) or firewall software that protect an organization's IT infrastructure.
How to Keep Track of Software Assets
As an IT manager or information/cyber security manager, it's crucial to maintain an overview of your company's software assets and their associated connections. Follow these steps to ensure effective tracking:
- Open the "Software Assets" organizer
- Enter Software Asset details: Input the necessary information for each software, application, or cloud service.
- Include Additional Details: Provide any other relevant details, such as version numbers, licenses, and usage metrics.
- Risk Management Overview: If you're compiling this overview for risk management purposes, proceed with the risk identification methodology to assess and mitigate potential risks.
