Building Cyber Resilience and Compliance Through Smarter Log Management
As a highly-regulated industry, financial services organizations are required to protect their customers’ personal financial information. Successful attacks on financial services organizations are potentially highly lucrative for cybercriminals, so getting a granular, accurate, and real-time view of all activities on the network is crucial to help protect against cybercriminals.
Furthermore, all publicly-traded companies in the United States have to submit an annual assessment of the effectiveness of their internal financial auditing controls to the Securities and Exchange Commission (SEC) under the Sarbanes-Oxley (SOX) requirements.
The types of reports that SNARE Enterprise Tools can produce for SOX audits as well as general security requirements are:
- user login
- user logoff
- login failure
- audit logs access
- object access
- system events
- host session status
- account management changes
- user group changes
- audit policy changes
- successful user account validation
- unsuccessful user account validation
- track individual user actions
- track application access.
Gaining a comprehensive and clear view into these activities helps financial services organisations understand who is accessing the network and what they’re doing once they’re in.
Financial Services Use Cases
Background
Financial institutions manage high volumes of sensitive transactions, customer data, and regulatory records daily.
With rising cyber threats and stringent frameworks like PCI DSS, SOX, DORA and APRA CPS 234, visibility and control over all log data are essential.
Maintaining compliance while managing SIEM costs has become a key challenge for banks, insurers, and fintechs operating across hybrid infrastructures.
Challenges
Most financial organisations operate multiple legacy systems and modern cloud environments, each generating large amounts of unstructured data. Traditional SIEM ingestion models drive up storage and processing costs, while compliance teams spend weeks reconciling fragmented log data for audits.
This lack of unified visibility increases the risk of undetected incidents, delayed response times, and non-compliance penalties.
Solution
Snare provides a centralized, scalable, and secure log management solution purpose-built for compliance-driven industries. It captures, compresses, and routes logs from every endpoint — servers, databases, cloud systems, and applications — into a single collection framework.
With granular filtering and forwarding, Snare allows teams to store all logs cost-effectively and send only the high-value data to SIEM or analytics platforms.
Outcome
By implementing Snare, financial institutions achieve continuous visibility, faster forensic investigation, and simplified compliance reporting. SIEM ingestion volumes and associated costs are reduced by up to 70%, while audit preparation cycles shrink from weeks to hours.
The result is a stronger cybersecurity posture that balances cost control, operational efficiency, and regulatory compliance across complex hybrid environments.
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