At a glance, the concept of enterprise information technology asset management hardly sounds glamorous, but information security practitioners might be surprised to learn the ways in which the two disciplines intersect. Even better, knowledgeable, resourceful infosec pros can leverage IT asset management best practices to reduce IT risk within their organizations. That's what we'll discuss in this tip.

What is ITAM?

Information technology asset management is a set of business processes designed to manage the lifecycle and inventory of technology assets. It provides value to organizations by lowering IT costs, reducing IT risk and improving productivity through proper and predefined asset management. IT asset management (ITAM) has only existed as a formal set of business processes for about a decade, which is immature in comparison to typical business processes.