Risk Management 101 for IT Professionals Essential Concepts - Tangible and Intangible Assets

The lecture explores tangible and intangible assets within organizations, emphasizing the importance of understanding these assets for effective risk management. Tangible assets include cash, land, employees, machinery, and equipment, while intangible assets cover intellectual property like patents, trademarks, and trade secrets, as well as brand reputation and contracts. The lecture aims to encourage critical thinking about asset types and associated risks.

What are some risks associated with tangible assets?

Why is brand recognition considered an intangible asset?