Techniques are disclosed for tracing memory components in asset management systems. A computing device may receive an indication that a new device has been connected to a network. The computing device receives a first set of memory specifications from the new device and a second set of memory specifications from a SoV database. The computing device then generates a memory-asset data structure that stores a third set of memory specifications, each memory specification of the third set of memory specifications being a memory specification that is in both the first set of memory specifications and the second set of memory specifications. The computing device assigns, memory specifications of the third set of memory specifications, a data privacy level that is based on a sensitivity of data stored in the component of the new device. The computing device may then transmit the memory-asset data structure.