Has your organization established and applied asset prioritization criteria to classify and rank assets based on their criticality?

Asset prioritization helps organizations allocate security resources efficiently by identifying which assets require the highest levels of protection based on their value, sensitivity, and business impact. This process typically involves categorizing assets (such as systems, data, and applications) according to predefined criteria like business criticality, regulatory requirements, and potential impact if compromised. Evidence of fulfillment could include a documented asset prioritization framework or matrix, asset inventory with assigned priority levels, risk assessment reports showing prioritized assets, or meeting minutes where asset prioritization decisions were made.