NIST Provides Guide and Example Solution for IT Asset Management

On September 7, the National Cybersecurity Center of Excellence (NCCoE) and the National Institute of Standards and Technology (NIST) published Special Publication 1800-5 – IT Asset Management Practice Guide (the Guide) to help financial services companies tackle challenges in managing both the hardware and software components of their information technology assets. The three sections are: Volume A – Executive Summary, Volume B – Approach, Architecture, and Security Characteristics, and Volume C – How-To Guides. The publication is available at https://bit.ly/2NZ3EYD.

The Guide notes that the wide spectrum of hardware and software used by financial services organizations “makes it difficult to assess vulnerabilities or to respond quickly to threats, and to accurately assess risk in the first place.” The Guide’s example demonstrates how an entire IT asset portfolio can be monitored and managed through a centralized system using commercially available and open source products.


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