In the risk assessment process for protecting information, identifying information assets is a critical initial step. This step involves cataloging all assets that need protection, including intellectual property, trade secrets, customer data, and other sensitive information. Identifying assets allows security professionals to prioritize resources and focus on protecting the most critical information.

After identifying assets, the next steps in the risk assessment process typically include evaluating threats, assessing vulnerabilities, determining potential impacts, and developing mitigation strategies.

ASIS Certified Protection Professional (CPP®) References:

Risk Assessment Frameworks: The CPP study materials emphasize the importance of asset identification in Chapter 3 of the Risk Management section.

Information Protection Standards: Guidelines such as ISO 27001 (referenced in CPP materials) also stress asset identification as the foundation of an effective information security management system.