In: Operations Management
What is an information asset and what measures and controls exist to protect it?
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Information asset of the company can be described as the value that the company possesses in the terms of the value it contains currently within its structure based on the aspect of information, insight, instructions to their workers and all the data that is driven in the internal working of the company. If we consider the controls which exist to protect such information, we can utilize things such as a patent or a copyright claim, which can be built upon by the company to allow them to create the information based assets into current assets of the company. We can also utilize technology which can allow us to contain, store, process and transmit the said data with the technology of encryption and other internet-based options.