Your organization is implementing a new policy that requires the decommissioning of server hardware after a certain period of continued operation to mitigate risks related to aging infrastructure. As part of the asset management team, what is the most important policy update needed to ensure hardware disposal aligns with best security practices?
Asset inventory updates to record exact age and expected decommission dates of hardware.
Mandatory replacement of hardware components based on performance degradation.
Creating a decommissioning schedule based solely on the importance of data the hardware holds.
Implementation of an asset tagging system with emphasis on frequency of hardware use.