Identifying and classifying information assets
In your asset management policies, it's likely that you have defined the way your organization is going to identify and classify information assets based on the value, criticality, sensitivity, and legal obligations, but not specifically discussing how your organization might do that from an IT perspective.
While creating that policy and defining those motives is a huge leap forward in understanding the overall position your organization takes when it comes to their risk appetite and what is considered to be the most valuable information they have, remember that it's also just the "rule," and not the actual action of identifying and classifying those assets or protecting them for that matter.
In this section, I would like to detail the ways we can structure the rules, as well as the actual "doing" part of an effective identification and classification phase of an ISMS.
This includes the following...