Acquisition
Process of obtaining goods and services
Payment Options
Company Credit Card, Individual Purchase (Reimbursement), Use of Purchase Order
Procurement
Encompasses the full process of acquiring goods and services, including all preceding steps
Asset Management
Systematic approach to governing and maximizing the value of items an entity is responsible for throughout their lifecycle
Assignment/Accounting
Individuals or groups are designated as owners for each of its assets
Classification
Categorizing assets based on criteria like function, value or other relevant parameters as determined by the organization
Monitoring/Tracking
Ensures proper accountability and optimal use of each asset
Asset Tracking
A comprehensive inventory with asset specifications, locations, assigned users and relevant details
Asset Disposal
800-88: Guidelines for Media Sanitization
Sanitization
The process of making data inaccessible and irretrievable from a storage medium using traditional forensic methods
Techniques: Overwriting data, Degaussing, Secure Erase, Cryptographic Erase
Destruction
Ensure the physical device itself is beyond recovery or reuse
Techniques: Shredding, Pulverizing, Melting, Incinerating