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Lifecycle (Hardware, Software, and Data)

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Although some legacy systems may seem to be lasting forever, it's much more common that information systems assets of every kind have a useful economic life span, beyond which it is just not useful or cost-effective to continue to use it and keep it working. Once past that point, the asset should be disposed of safely, so as to terminate exposing the organization to any risks associated with keeping it or failing to care for it. The typical systems development lifecycle model (SDLC) can be applied to hardware, systems software, applications software, and data in all of its many forms; let's look at this from an asset manager's perspective:

 The requirements phase identifies the key functional and physical performance needs that the system should meet and should link these to the organization's mission, goals, and objectives. When any of these change, the asset manager is one of the stakeholders who evaluates whether the asset is at or past its useful economic life.

 During the design phase, the functional requirements are allocated to individual elements of the design; it's worth considering at this point whether these components of the total system should be tracked as assets by themselves versus tracking the system as a whole or as a single asset.

 Development, integration, and acceptance testing quite often conclude with a list of identified discrepancies that must be tracked and managed. In effect, each open discrepancy at the time of systems acceptance is a lien on the overall value of the system (much as a mortgage or mechanic's lien on your home reduces the equity you would realize from selling your home). Tracking those discrepancies is a form of tracking residual risk.

 Operational use presents an opportunity to appraise the value of the system; finding new uses for it increases its value to the organization as an asset, but if users find better, faster ways to do the same jobs instead, this in effect decreases the value of the asset.

 Maintenance and upgrade actions can extend the useful life of the system while adding to its cost. This is also true for ongoing license payments, whether as per-seat or site-wide licenses for software use.

 Retirement and safe disposal, and the costs associated with these, bring this particular asset's lifecycle and its asset management account to a closed state.

Disposal must deal with the issue of data remanence, which refers to information of any kind remaining in the memory, recording surfaces, physical configuration settings, software, firmware, or other forms. This applies to more than just the familiar disks, tapes, and thumb drives; all hardware devices have many different internal nooks and crannies through which live data flows during use. Old-fashioned cathode ray tube (CRT) displays risked having images burned into their display surfaces. Printers have been known to go to the scrap dealer with fragments of previously printed documents, or impressions on their printing drums and ribbons of what they last printed, still legible and visible. Printed documents may need to be shredded or pulped. As a complication, you may end up having to store these retired assets, at a secure location, while awaiting the time (and money) to have a proper zeroization, purge, or destruction of the element to prevent an unauthorized disclosure from happening.

The Official (ISC)2 SSCP CBK Reference

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