Close Menu
  • Home
  • Articles
    • Attacks
      • BEC
      • Data Breach
      • DDoS
      • Evasion Attacks
      • Injection
      • Malware
      • MITM
      • Phishing
      • Ransomware
      • RCE
      • Social Engineering
      • Spoofing
      • Spyware
    • Business and Policy
      • BCP and DRP
      • GRC
      • Regulations
    • Data Protection
      • DLP
      • DRM
      • Encryption
      • IAM
    • Future, Trends and Insight
      • AI
      • Events & Community
      • Emerging Tech
      • Expert Panel
      • Interviews With Experts
      • Insights
      • Study & Research
    • Resources
      • Guides
      • Tools
      • Training & Education
    • Security
      • API
      • Apps
      • Cloud
      • Critical Infrastructure
      • Endpoint
      • Hardware
      • IoT
      • Mobile
      • Network
      • OT
      • Port Security
      • Security Architecture
      • Software Development
      • Supply Chain
      • Zero Trust
    • Threats and Vulnerabilities
      • Emerging Threats
      • Insider Threats
      • Risk Management
      • Threat Intelligence
      • Zero Day
  • News and Exclusives
    • Latest News
    • ISB Exclusive
    • Positive News
  • Who We Are
    • About Us
    • Information Security Buzz Expert Panel​
    • Write for Us
    • Media Pack
  • Contact Us
  • Newsletter
Facebook X (Twitter) LinkedIn
Facebook X (Twitter) LinkedIn
Information Security BuzzInformation Security Buzz
  • Home
  • Articles
    • Attacks
      • BEC
      • Data Breach
      • DDoS
      • Evasion Attacks
      • Injection
      • Malware
      • MITM
      • Phishing
      • Ransomware
      • RCE
      • Social Engineering
      • Spoofing
      • Spyware
    • Business and Policy
      • BCP and DRP
      • GRC
      • Regulations
    • Data Protection
      • DLP
      • DRM
      • Encryption
      • IAM
    • Future, Trends and Insight
      • AI
      • Events & Community
      • Emerging Tech
      • Expert Panel
      • Interviews With Experts
      • Insights
      • Study & Research
    • Resources
      • Guides
      • Tools
      • Training & Education
    • Security
      • API
      • Apps
      • Cloud
      • Critical Infrastructure
      • Endpoint
      • Hardware
      • IoT
      • Mobile
      • Network
      • OT
      • Port Security
      • Security Architecture
      • Software Development
      • Supply Chain
      • Zero Trust
    • Threats and Vulnerabilities
      • Emerging Threats
      • Insider Threats
      • Risk Management
      • Threat Intelligence
      • Zero Day
  • News and Exclusives
    • Latest News
    • ISB Exclusive
    • Positive News
  • Who We Are
    • About Us
    • Information Security Buzz Expert Panel​
    • Write for Us
    • Media Pack
  • Contact Us
  • Newsletter
Subscribe
Information Security BuzzInformation Security Buzz
Home - Articles - How To Manage Your Software And Hardware Assets.
Articles

How To Manage Your Software And Hardware Assets.

ISBuzz TeamBy ISBuzz TeamDecember 25, 20176 Mins Read
Share LinkedIn Twitter Facebook Copy Link Email
Ransom Deadline Given By LockBit in Port of Lisbon Attack
Ransom Deadline Given By LockBit in Port of Lisbon Attack
Share
Facebook Twitter LinkedIn Email Copy Link
Quick AI Summary
ChatGPTClaudeGeminiGrokPerplexityDeepSeekCopilot

Building an embedded and sustained Information Infrastructure is at the very center of most organisations today. Be it for a digital transformation initiative, compliance, cyber security or a pure cost efficiency initiative. Increasing number of organisations are looking to optimise their IT Infrastructure effectively than ever before.

But how exactly do you manage these assets properly to obtain ideal results?

In this article, we discuss best practices in hardware and software asset management, which you can apply to your own organisation. And because these assets are normally part of a corporate network, we’ll look at some tips in network management as well.

Best practices in software asset management

1. Build a strong foundation for your SAM program

A SAM program won’t be able to run smoothly without a solid foundation. Before diving into the thick of software asset management, make sure you’re able to win full support from the top. Without executive sponsorship, you won’t have enough financial and human resources to carry out an effective program.

Other prerequisites include the following:

  • Collaborating with people in your organisation who have the technical, legal, and managerial expertise relevant to the program;
  • Establishing a baseline to compare your results with;
  • Defining metrics, timeframes, and processes; and
  • Choosing the right software asset management tool.

2. Determine exactly what and where your software assets are

Once you’re all set, the first order of business should be to conduct a comprehensive software asset discovery. You need to know what software applications are running on your systems, which of them have proper licenses, and other pertinent information.

Because you will have a multitude of applications running on a wide range of devices (servers, desktops, laptops, and even mobile devices), a purely manual discovery process will be time consuming and prone to errors. You can save time and avoid mistakes if you perform discovery using a combination of automated (using a tool that scans your network) and manual (in cases where automated scans are not applicable) processes.

The information you gather would typically include hardware configurations, disk space utilisation, license type, contract terms, and so on. To a certain extent, your software inventory will be in a constant state of flux. Hence, you need to keep it updated on a regular basis.

3. Monitor software usage

Although the end result of discovery can provide a snapshot of your software inventory, it can’t tell you the whole story. In order to gain insightful information that can help you in maximising current assets and guide you in future purchasing decisions, you need to monitor software usage.

Actual usage data can help you identify which applications are being used by a majority (or minority) of your employees. You can also use that data to discover applications that are unnecessarily hogging your network (like non-work related streaming videos) or eating up your employees’ productive time (like games and social media sites).

4. Compare software inventory, usage, and license count

It’s important to determine how the number of licenses in your possession compare with actual inventory and usage data. If the number of licenses is greater, that could mean you purchased more than your company actually needs. Less is not good either, for it could also mean some people in your organisation are using unlicensed software.

The process of comparing and reconciling all these pieces of information can be a pain if the data sources are found in different places. It would be much easier if all the information you need is stored in a centralised database.

Best practices in hardware asset management

Even if your organisation is heavily dependent on the cloud, chances are a considerable part of your IT infrastructure is still on-premise. That means, you still have to manage hardware assets.

Hardware asset management (HAM) best practices have similarities with those in SAM. You still need someone from the top to sponsor your HAM program if you want sufficient leverage once you start the ball rolling.

Of course, you also need to take an inventory of all your hardware assets. You need to record their physical location, specific configurations, associated contractual and financial details, and so on. Because your hardware assets can undergo various changes in their lifetime, you need to incorporate several processes like deployment, decommissioning, and disposal into your HAM program. To streamline these processes, it’s strongly advised to apply change management every step of the way.

As with the case of SAM, hardware asset management can be carried out more efficiently if you employ the right technology. A HAM system that scans your network for hardware assets and stores all relevant information in a centralised asset repository or database (mostly a CMDB) can greatly simplify many time-consuming and error-prone tasks.

Best practices in network management

Your network is the backbone that supports and connects all your hardware and software assets. Hence, it’s very important to manage it properly. Here are some best practices for doing so.

1. Employ a vendor-agnostic network management solution

It’s now almost impossible to find an enterprise network consisting of devices from a single manufacturer. Major network device manufacturers likely have their own network management solutions. But because most networks have a high level of diversity, it would be more practical and efficient to use a network management system that’s capable of supporting a wide range of devices, regardless of make.

A vendor-agnostic network management system will enable you to gain more autonomy and flexibility. It will also simplify things from an administrative perspective because, instead of learning multiple management interfaces (one for each set of devices), your network administrators will only have to acquaint themselves with one.

2. Adopt a proactive approach to fault detection and remediation

Network managers are able to detect faults by monitoring certain metrics such as CPU utilisation, network bandwidth, and latency. You can be more efficient by defining thresholds and creating alerts that notify admins when those thresholds are reached. This will enable your admins to take corrective action before anything goes wrong.

3. Incorporate virtual and cloud infrastructures

Most enterprises are now using virtual and cloud infrastructures. As such, they also need to deal with the added complexity of managing the networks that interconnect their various infrastructures (virtual, cloud, and physical) as well the virtual and cloud-based networks themselves, which have their own intricacies altogether.

It’s therefore critical to choose tools that readily incorporate virtual machines and cloud-based assets into their inventory, monitoring, and management modules. Without this capability, your organisation will fail to gain complete visibility of your corporate network.

Tangible benefits to the company

HAM, SAM, and network management initiatives can deliver tangible benefits to your company. Once you’ve gained a more in-depth understanding of what you have, you can be more deliberate when procuring additional assets. For instance, you can avoid unnecessary purchases, negotiate better contracts, and maximise spending.

Having better visibility of your assets will also enable you to  streamline your compliance and security initiatives and ultimately avoid hefty fines for non-compliance or violations. Lastly, you can improve productivity because well-informed service desk agents will then be more capable of troubleshooting and resolving issues.

[su_box title=”About Prasanna Kulkarni” style=”noise” box_color=”#336588″][short_info id=’104074′ desc=”true” all=”false”][/su_box]

ISBuzz Team
  • ISBuzz Team
    Air Canada Data Breach: BianLian Extortion Group Claims A Massive Heist Contrary To Airline’s Earlier Statement
  • ISBuzz Team
    Unprecedented DDoS Attack Rocks The Web: Tech Giants Reveal A Digital Tsunami
  • ISBuzz Team
    CISA Flags High-Severity Adobe Acrobat Reader Flaw Amid Active Exploits
  • ISBuzz Team
    Curl Security Alert: Patching A Critical Bug Averting Potential Cyber Catastrophe

The opinions expressed in this post belong to the individual contributors and do not necessarily reflect the views of Information Security Buzz.

Share. Facebook Twitter LinkedIn Email Copy Link

Related Posts

SIG report: AI-generated code is linked to twice the security risk and rising technical debt

June 11, 20264 Mins Read

Miasma worm spreads from Red Hat packages to Microsoft repositories

June 11, 20264 Mins Read

Zero Trust: Beyond the hype, toward reality

June 9, 20267 Mins Read
ISB-Bora-Side-Bar

 
ISB-Bora-Side-Bar
Black ISB Logo

Information Security Buzz is an independent resource that provides the experts’ comments, analysis, and opinion on the latest Cybersecurity news and topics

X (Twitter) LinkedIn Facebook RSS

Working With Us

  • About Us
  • Advertise With Us
  • Contact Us

Write For Us

  • How To Contribute

The Pages

  • Privacy Policy
  • Cookie Policy
  • AI Policy
  • Terms & Conditions
  • Copyright Notice

Information Security Buzz and all its contents are copyright © 2014-2025. All rights reserved. All third-party trademarks are recognized.

Type above and press Enter to search. Press Esc to cancel.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}