Cybersecurity asset management (CSAM) should be the primary foundation for IT security operations across businesses. CSAM provides security teams with a real-time directory of IT assets and their associated security risks, making it the building block of a proactive, end-to-end security strategy. The asset inventory should include all hardware, software, network connections, users, data, and processes. The challenges include collecting distributed data from multiple sources, validating compliance regulations and ensuring the company is operating as securely as possible.
Source: https://www.helpnetsecurity.com/2021/08/02/asset-management-approach/

