Does your organization have a formal process for managing data security throughout the lifecycle of assets, including their removal, transfer, and disposition?

This question assesses whether your organization has established procedures to maintain data security when assets change hands or reach end-of-life. Proper asset management during these transition phases prevents unauthorized access to sensitive information and ensures compliance with data protection regulations. Evidence could include a documented asset management policy that specifically addresses secure data handling during removal, transfer, and disposition of assets. This might take the form of a formal procedure document outlining required steps for data wiping, certificate of destruction processes, chain of custody documentation for transfers, and verification protocols to ensure data security is maintained throughout these processes.