If an asset is replaced with a newer or updated version, such as a cropped or color-corrected version, you can replace it in Vault using the Asset Versions feature.
Upload a New Version
Search for the old version of the asset
Click on it
Go to the History tab
Scroll to the bottom and click on Upload New Version
Select the new version from your computer
Wait for it to finish uploading and processing before navigating away from the screen
Revert to a Previous Version
Search for the new version of the asset
Click on it
Go to the History tab
Scroll to the bottom and click Revert next to the version you wish to revert to
Wait for it to finish processing before navigating away from the screen