Robust IT asset management is vital to the ability to proactively manage vulnerabilities, respond to incidents efficiently and minimise the financial impact of cyber attacks, according to the latest S&P Global Ratings report
Cyber Risk Insights: IT Asset Management Is Central To Cyber Security examines the role of ITAM in tracking and managing hardware, connected devices, software and networks throughout their lifecycle.
"ITAM is foundational to effective cyber security. Its absence at an organisation can be indicative of flawed cyber-risk management and could weigh on our view of an entity's creditworthiness," said S&P Global Ratings credit analyst Paul Alvarez.
"ITAM is particularly important to the implementation of time-critical cyber security, including identifying assets with critical vulnerabilities, searching for compromised equipment or systems and lifecycle management," he added.
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