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Security Logging And Monitoring Policy
"I need a Security Logging and Monitoring Policy for a New Zealand-based financial services company, compliant with the Privacy Act 2020 and financial sector regulations, with specific emphasis on transaction monitoring and fraud detection logging requirements to be implemented by March 2025."
1. Purpose and Scope: Defines the objective of the policy and its application scope within the organization
2. Definitions: Detailed definitions of technical terms, logging concepts, and key terminology used throughout the policy
3. Roles and Responsibilities: Outlines the roles involved in security logging and monitoring, including Security Team, System Administrators, and Compliance Officers
4. Logging Requirements: Specifies mandatory logging requirements for all systems, including what must be logged and retention periods
5. Monitoring and Alert Requirements: Details the requirements for active monitoring, alert thresholds, and response procedures
6. Log Protection and Management: Specifies how logs should be protected, stored, and managed throughout their lifecycle
7. Access Control and Review: Defines who has access to logs and how log access is monitored and reviewed
8. Incident Response Integration: Describes how logging and monitoring integrate with incident response procedures
9. Compliance and Audit: Outlines compliance requirements and audit procedures for logging systems
10. Policy Review and Updates: Specifies the frequency and process for reviewing and updating the policy
1. Cloud Service Provider Logging: Include when organization uses cloud services, specifying additional requirements for cloud-based logging
2. Healthcare-Specific Logging: Include for healthcare organizations, covering specific requirements for health information systems
3. Financial Systems Logging: Include for financial institutions, covering specific requirements for financial systems and transactions
4. Remote Work Logging: Include if organization has remote workers, covering logging requirements for remote access and devices
5. Third-Party Integration Logging: Include if organization has significant third-party system integrations requiring specific logging controls
1. Appendix A: Technical Log Configuration: Detailed technical specifications for log formats, fields, and configuration settings
2. Appendix B: Log Retention Schedule: Specific retention periods for different types of logs based on data classification and compliance requirements
3. Appendix C: Security Event Categories: Categorization and classification of security events requiring logging and monitoring
4. Appendix D: Alert Thresholds: Detailed thresholds and criteria for different types of security alerts
5. Appendix E: Log Review Checklist: Checklist for periodic log review procedures and compliance checks
6. Appendix F: Approved Log Management Tools: List of approved tools and systems for log collection, analysis, and management
Authors
Financial Services
Healthcare
Government and Public Sector
Technology and IT Services
Telecommunications
Education
Legal Services
Professional Services
Manufacturing
Retail
Energy and Utilities
Transportation and Logistics
Information Security
IT Operations
Infrastructure
Compliance
Risk Management
Legal
Internal Audit
Security Operations Center
Network Operations
Development
Quality Assurance
Data Protection
Chief Information Security Officer
IT Director
Security Manager
Compliance Manager
System Administrator
Network Engineer
Security Analyst
Risk Manager
Privacy Officer
IT Auditor
Information Security Specialist
Security Operations Manager
Chief Technology Officer
IT Operations Manager
Data Protection Officer
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