ID.AM-08.143

Does your organization update asset inventories when systems, hardware, software, and services are moved or transferred internally?

Explanation

Maintaining accurate asset inventories requires updating records whenever assets change location or ownership within the organization. This includes documenting when workstations are reassigned to different departments, when servers are relocated to different data centers, or when software licenses are transferred between business units. Without these updates, organizations risk losing track of critical assets, creating security blind spots, and making inaccurate decisions based on outdated information. Evidence of compliance could include screenshots of asset management system entries showing transfer history fields, documented procedures for updating inventory during transfers, change management records that include inventory update steps, or audit logs showing inventory modifications following internal transfers.

Implementation Example

Update inventories when systems, hardware, software, and services are moved or transferred within the organization

ID: ID.AM-08.143

Context

Function
ID: IDENTIFY
Category
ID.AM: Asset Management
Sub-Category
Systems, hardware, software, services, and data are managed throughout their life cycles

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Neil Cameron