Your organization is formalizing its asset management program. The security team needs to apply a process that labels each information asset with a value rating, assigned owner, and sensitivity level. Which process are they performing?
Classification is the process of assigning a formal label (such as Public, Internal, or Confidential) to each asset so its value, owner, and required protection level are clearly identified. Ownership merely names the responsible party without applying labels, monitoring observes assets for status or changes, and enumeration inventories assets but does not set sensitivity categories.
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Why is classification important in information security?
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How is classification different from enumeration?
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What role does asset ownership play in the classification process?