The PRIMARY purpose of asset valuation for the management of information security is to:
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A. B. C. D.C.
The primary purpose of asset valuation for the management of information security is to determine the value of each asset. Asset valuation is an important component of an organization's risk management process. By assessing the value of assets, organizations can determine which assets require the most protection and allocate resources accordingly.
Asset valuation involves determining the monetary value of an asset based on its importance to the organization. This valuation can be used to prioritize risk management activities, as it helps the organization identify which assets are most critical and require the most protection. For example, a company may place a higher priority on protecting customer data than on protecting public information about the company's products.
In addition to prioritizing risk management activities, asset valuation can also provide a basis for asset classification. Assets can be classified based on their value and importance to the organization, which can help organizations to develop appropriate security controls and policies. For example, a high-value asset may require stricter access controls, regular monitoring, and more frequent backups than a low-value asset.
Finally, asset valuation can also be used to eliminate the least significant assets. By determining the value of each asset, organizations can identify assets that are no longer necessary or that do not provide significant value to the organization. This can help to streamline the organization's asset portfolio and reduce the overall cost of managing and protecting assets.
In conclusion, while asset valuation serves multiple purposes, the primary purpose for information security management is to determine the value of each asset to prioritize risk management activities and allocate resources accordingly.