B. Asset Management Guidelines: Asset management guidelines are crucial in this situation because they provide guidance on how to handle and track company assets, including mobile devices. The security manager should follow these guidelines to assess the loss, determine the potential exposure of sensitive data, and take appropriate actions such as remote wiping or tracking of the device, if possible.
When an executive's personal mobile device used for business purposes is reported lost, the information security manager should respond based on asset management guidelines. The organization should have a policy or guideline for asset management, which includes provisions for managing mobile devices. This policy should outline the procedures for handling lost or stolen devices, including how to protect the sensitive information that is stored on them.
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