It is an idea that data, information and knowledge are different from intellectual capital. Data or information in a collection is more than knowledge. There is also no formality that intellectual capital is valuable organizational assets. However, intellectual capital is not only a set of information it does include expertise based on some degree of reflection. It is identified, managed and protected. In market view, the revolution of big data seems not giving impact to the development country such as Malaysia. Even there’s highly usage of internet in communication through social media been adopted as Malaysian lifestyle. Study shows, Malaysia has busy traffic transaction of personal and business data and, the sensitive data stored in public cloud services exposed all the information to variety of risks in cyberspace. The revolution of information technology is never degreasing. As organizations are finding value in data, they realized the risk in handling information and the need of protection. In establishing information as tangible asset, this paper begins with cases of attack and security issues by applying analogy in framework. As the result, this paper suggests to ensure all the data, which can be, defined as tangible asset, with proven justification and acknowledge as a capital, will be protected by insurance policies with solid and concrete laws act.
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In-Text Citation: (Mohamad et al., 2019)
To Cite this Article: Mohamad, D. K. H. A., Husain, N. H., Ismail, S. A., Shuhaimi, H., Sulaiman, S., & Jaris, J. (2019). Establishing information as tangible asset. International Journal of Academic Research in Business and Social Sciences, 9(6), 539–547.
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