Everything a Business Should Know About Log Monitoring for Regulatory Compliance

Cybercriminals and cyberattackers pose a massive threat than ever before, and no firm is too little or too huge to be targeted. You cannot risk leaving the protection of your company, as well as the consumer information you gather, to chance, either you operate a small shop, a large global organization, or a business that falls somewhere in between. 

That’s why so many firms are putting in place sophisticated technologies besides hiring DFARS consultant to identify data breaches, catch hacking efforts in the early stages, and notify IT department when something goes wrong. However, merely installing the program is insufficient. The findings of such security systems must be thoroughly reviewed in order to be useful, which is what log tracking is all about.

What is Log Monitoring?

Log tracking is more than simply a nice idea, and it’s far more than a tool for companies to protect their customers’ information. It’s also the norm to keep a close eye on security records, and there is a slew of regulations covering everything from the discovery of assaults and hacking attempts to how successful and unsuccessful incursion attempts are managed and notified.

In reality, a significant portion of event administration and log maintenance tasks are performed to fulfill legislative compliance obligations. Nonetheless, the rules governing security measures in general, and log checking in particular, are sometimes imprecise and complex, making the IT agency’s task even more difficult and problematic.  

One of the most serious issues that IT professionals and management teams face is that the significance of security logs is frequently underestimated, if not completely ignored. Although IT professionals understand the need for security software and log monitoring, persuading their superiors to give the necessary resources is frequently a difficult task. 

IT experts may combat this carelessness by emphasizing the regulatory importance of log management and how meticulously reviewing daily security logs can protect the organization from legal culpability in the case of a breach. Getting managers on board and explaining how log surveillance is the first line of defense is critical, and IT workers must have a basic awareness of the appropriate legal obligations to do so.

Regulations Regarding Credit Cards

Organizations that allow customers to pay online┬ámust follow the Payment Card Industry Data Security Standard’s guidelines (PCI DSS). This statutory standard mandates that businesses retain detailed records and conduct a log review mechanisms in order to combat credit card theft and protect client information. Unlike, DFARS compliance, at the heart of the PCI DSS regulations, is Requirement 10, a section that is dedicated to logging and log management. This section of the PCI DSS code requires businesses to maintain logs for all system components. The regulation further requires businesses to review those logs on at least a daily basis.

Businesses must also employ data integrity tracking and modification detection software to guarantee that logs cannot be modified without generating an alarm to the proper IT staff members, according to the PCI DSS regulation.