Criticality High Active

Asset Ownership

Establishes clear ownership assignments and accountabilities for all technology, data, and information assets including ownership transfer, validation, and ongoing accountability.

Control ID
AST-003
Domain Code
AST
Control Nature
Preventive
Business Owner
Business Owner / IT Asset Manager
Category
Administrative
Compensating Control
No

Control Overview

AST-003 · Full Control Profile
Business Description

Assign, document, and maintain clear ownership and accountability for all organizational assets throughout their lifecycle.

Business Objective

Ensure every asset has an accountable owner responsible for its security, maintenance, compliance, and business use.

Business Benefits

    Business Risks if Missing

      Stakeholders, Industries & Technologies

      AST-003 · Operating Context

      Primary Stakeholders

      Applicable Industries

      Applicable Technologies

      Mapped Regulatory & Industry Frameworks

      Harmonized Framework Mappings

      The following compliance and regulatory frameworks map directly to this control's governance scope.

      FRAMEWORK CODE FRAMEWORK NAME & DESCRIPTION FAMILY / CATEGORY VERSION ACTION
      CIS-V8 CIS Controls CIS Controls are a prioritized set of cybersecurit...
      CIS
      Best Practice
      		 vv8 View →
      COBIT2019 COBIT COBIT is an enterprise governance and management f...
      COBIT
      Governance Framework
      		 v2019 View →
      DORA Digital Operational Resilience Act The EU Digital Operational Resilience Act establis...
      EU
      Regulation
      		 vCurrent View →
      IRDAI IRDAI Information & Cyber Security Guidelines IRDAI information and cyber-security requirements...
      India
      Guideline
      		 vLatest View →
      ISO22301 ISO/IEC 22301 ISO 22301 specifies requirements for a Business Co...
      ISO
      Standard
      		 v2019 View →
      ISO27001 ISO/IEC 27001 ISO/IEC 27001 specifies auditable requirements for...
      ISO
      Standard
      		 v2022 View →
      NIS2 NIS2 Directive The NIS2 Directive establishes EU-wide cybersecuri...
      EU
      Directive
      		 vCurrent View →
      NIST-CSF NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev...
      NIST
      Framework
      		 v2 View →
      NIST80053 NIST SP 800-53 NIST SP 800-53 Rev. 5 presents control families, i...
      NIST
      Control Catalog
      		 vRev. 5 View →
      PCI-DSS PCI DSS PCI DSS is an industry security standard maintaine...
      PCI
      Standard
      		 v4 View →
      RBI-CSF RBI Cyber Security Framework / Master Directions RBI cyber-security requirements and directions set...
      India
      Regulation
      		 vLatest View →
      SEBI-CSCRF SEBI Cyber Security & Cyber Resilience Framework SEBI’s Cybersecurity and Cyber Resilience Framewor...
      India
      Regulation
      		 vLatest View →
      SOC2 SOC 2 Trust Services Criteria SOC 2 is an independent examination and reporting...
      AICPA
      Audit Framework
      		 vLatest View →

      Parent Domain Context

      Governance Domain Baseline
      Domain Name:
      Asset Management (AST)
      Purpose:
      To manage the lifecycle of technology assets from procurement to disposal.
      Scope:
      Enterprise
      View

      Compliance Requirements & Audit Crosswalk

      10 Specific Audit Clauses

      The following requirements dictate specific audit evidence criteria and testing steps mapped directly under this control.

      REQUIREMENT ID REQUIREMENT TITLE & DETAILS MAPPED CONTROL TYPICAL OWNER ACTION
      AST-003-R001 Asset Ownership Framework The organization shall establish an asse... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R002 Asset Owner Assignment The organization shall assign explicit o... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R003 Ownership Responsibilities The organization shall clearly define an... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R004 Ownership Accountability The organization shall establish account... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R005 Ownership Transfer The organization shall transfer asset ow... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R006 Ownership Validation The organization shall validate asset ow... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R007 Ownership Review The organization shall conduct periodic... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R008 Ownership Documentation The organization shall maintain comprehe... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R009 Ownership Reporting The organization shall report on asset o... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗
      AST-003-R010 Ownership Continuous Improvement The organization shall drive ongoing enh... AST-003 Asset Ownership IT Asset Management, Business Owners, Asset Owners View ↗