Assets are items within an organization where information is created, processed, stored, transmitted, or discarded. Mapping and managing assets are essential to prioritize investments and concentrate efforts on most critical assets that sustain organizational processes.

Modulo Risk Manager automates the asset management process by providing asset inventory (both technology and non-technology oriented assets such as people, processes and facilities), and maintaining it in a centralized repository. It enables the gathering and storing of evidence, manages compliance with standards and improves each organization’s external audit posture.

Assets can be imported from Active Directory, Excel spreadsheets or XML files. Each asset has attributes that allow the organization to identify and prioritize investments, and concentrate efforts on the most critical assets that sustain organizational processes.

One of the biggest challenges in asset management is identifying which business processes support a particular asset, and in the event that the asset is compromised, which business processes may be impacted. Few organizations actually map all of this information. Some organizations ensure that they map the link between applications and technology assets or even a list of applications that support a particular business process.

Modulo Risk Manager uses a two-layer approach to first map all assets to the intermediate system layer, and then map these systems to each associated business process. The map is represented graphically in a Visio diagram, ensuring all of these connections and dependencies are linked correctly, providing the first step toward an effective Governance Risk and Compliance (GRC) initiative.

How Modulo Risk Manager helps your organization manage assets: