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Exchange is the primary data store and means of communication for all levels within the organization. The ability to audit and report in detail Exchange change events that take place on a daily basis helps maintain security and sustain compliance. Implementing an effective auditing strategy for MS Exchange is a necessity to secure and maintain this critical business asset. This whitepaper outlines not only the reasons for having an Exchange auditing procedure in place but also those must-have qualities of any successful MS Exchange auditing effort.