Abstract: A method for monitoring of IOT devices based on asset values is disclosed. The method may include receiving, using a communication device, monitoring data from a plurality of TOT devices. Further, the method may include retrieving, using a storage device, a plurality of asset values associated with the plurality of TOT devices. Further, the method may include retrieving, using the storage device, at least one behavioral policy associated with the plurality of TOT devices. Further, the method may include comparing, using a processing device, the monitoring data with the at least one behavioral policy. Further, the method may include identifying, using the processing device, at least one policy violation based on the comparing and the plurality of asset values. Further, the method may include transmitting, using the communication device, at least one notification to at least one user device based on identifying the at least one policy violation.