Hello Kundan,
I have not received any responses on my question above. I work for a bank and so protecting customer's information is an obsession. I run a weekly report to assist me in monitoring. Luckily we only have 85 users right now, but if we get many more users it could easily become difficult to manage. I just recently attended the system admin bootcamp, so I think I'll post it on their private group too and will let you know what that group suggests.
Leigh