Enable Unified Audit Logging for Financial Services & Banking
How financial services & banking organizations should implement LOG-01 for Microsoft 365 security and compliance.
For financial services & banking companies using Microsoft 365, enable unified audit logging is a security priority. This guide explains how LOG-01 helps financial services & banking organizations protect their identity infrastructure while meeting industry-specific compliance mandates.
Why Financial Services & Banking Organizations Need This Control
Financial Services & Banking organizations face specific regulatory requirements including soc2, pci-dss, nist-800-53, iso27001. The LOG-01 control helps address these requirements by:
- Unified Audit Log is enabled in Microsoft Purview
- Sign-in logs are enabled in Entra ID
- Default retention (90 days for E3, 1 year for E5) is active
Without audit logs, you cannot detect compromises, investigate incidents, or meet compliance requirements. Logs are your forensic evidence and early warning system.
Industry-Specific Considerations
When implementing LOG-01 in a financial services & banking environment, consider:
- **Regulatory requirements**: soc2, pci-dss, nist-800-53 may mandate specific configurations
- **Risk tolerance**: Financial Services & Banking organizations typically have moderate to low risk tolerance
- **Audit frequency**: Plan for regular compliance reviews
- **Documentation**: Maintain detailed records for regulatory inspections
How to Configure
LOG-01 requires the following configuration:
- Unified Audit Log is enabled in Microsoft Purview
- Sign-in logs are enabled in Entra ID
- Default retention (90 days for E3, 1 year for E5) is active
Requires Microsoft Purview admin access - cannot be evaluated via Graph API
Follow the steps above in your Microsoft Entra admin center to enable this control.
Financial Services Compliance Requirements
Financial Services organizations must comply with these frameworks, all of which address enable unified audit logging:
Why This Control Matters for Financial Services
Without audit logs, you cannot detect compromises, investigate incidents, or meet compliance requirements. Logs are your forensic evidence and early warning system.
Common threats in financial services & banking:
- • Account takeover attacks
- • Insider trading through unauthorized access
- • Wire fraud via business email compromise
For financial services & banking organizations, LOG-01 is a key component of a compliant Microsoft 365 security posture. TrueConfig helps you implement and maintain this control while meeting industry-specific requirements.
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