WSUS I recommend as well and I also use windows update, afterwards, to see what MS has to offer, or not. When Windows Update says you have no updates, that's considered 'the latest'. Other than your hardware manufacturer's websites downloads, there is also StationDrivers (
https://www.station-drivers.com/index.php?lang=en). My mobo is old too and receives no more updates from the asrock site either but some of the hardware on it can and normally does have updates. For instance the audio, network, and video drivers are generally updated regardless of mobo. Hence stationdrivers which keeps tabs on many manufacturer's latest additions.
If you put 2 pieces of hardware together it's always a good idea to check what other people are using so you can get a headsup for compatibility issues, etc.
You the user are the best technician for your own rig. The more you know how it all ticks and tocks together the better you yourself can diagnose what it is that you want and/or it needs. I spent my first year computing simply installing the OS multiple times as I kept crashing it. Once you figure out how to get a stable boot the rest is a matter of figuring out how to get the utmost out of the running config.
I recommend processhacker, autoruns (sysinternals), geek uninstaller, wfc (windows firewall control), bleachbit, passwordsafe, VeeamAgentWindows_2.2.0.589, coretemp, protonVPN, and especially a dedicated UPS for power outages. Of course what soft you use to figure everything out will be based on your own personal preferences, but again that is a learning curve and no one but you can do that.
If the pc boots and all hardware is working, a reflash of the bios is a waste of your time. Year and version do not matter if it works.
20 years later and I still no less than most on these boards. In win7, generally speaking, any usb updates from MS actually broke my mouse upon occasion and I had to use a backup image recovery. I do not recommend the built-in system restore at all. It is absurd when something goes wrong and system restore can't fix it (like EVERY time). Wtf good does that do? About all it's really good for is if you accidentally uninstall something, or simply configure it in a way that you don't like and can't figure out how to go back. Useless.
You need to know what are the exact components of your mobo to update them alone, and forget about the mobo itself. The problem with that board is the absolute lame statement about being "Windows 8 Ready". That and the 'Hotfix' for the 'ASUS Product Registration Program'-lol.