This video discusses the importance of keeping track of user and privilege account activity for security and compliance purposes. It introduces Intrust from Quest Software as an event log management solution that can collect, store, and analyze event data from various systems in heterogeneous environments. The video also demonstrates how to create event collections, view and filter events, generate reports, and use real-time alerts and the IT security search portal for investigation and troubleshooting. Intrust helps organizations reduce complexity, adhere to compliance regulations, and quickly address incidents.