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Managing log files may seem like a mundane issue but doing it well tightens data security and boosts compliance efforts. Managing risk, compliance and security are objectives that still need to be achieved even while organisations rush to cut costs. The insider threat in particular has always been a key challenge for organisations and, with staff being made redundant in droves these days, access rights to sensitive company information must be revoked quickly. The external threat is getting worse as well, as hackers are increasingly targeting corporate networks for financial gain. Off late security technology vendor McAfee estimated that data theft and breaches cost businesses worldwide approximately $1tr in lost intellectual property and expenditures for cleaning up the damage caused.
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