The Microsoft-Windows-PowerShell/Operational log is the appropriate source because PowerShell is commonly involved in script-based and memory-oriented attack activity, including techniques associated with fileless malware. The key requirement in the question is “requires additional configuration”: advanced PowerShell telemetry such as Script Block Logging must be enabled to provide the detailed execution visibility required by a SIEM.

Microsoft documents that enabling Script Block Logging causes PowerShell to record processed commands, functions, scripts, and script blocks in the Microsoft-Windows-PowerShell/Operational channel. In Windows PowerShell, Script Block Logging generates Event ID 4104 , which contains script-block content and can provide valuable evidence when investigating malicious PowerShell execution. Microsoft also specifically identifies malicious PowerShell scripts as a post-exploitation technique associated with fileless attack activity.

The DPAPI operational log concerns cryptographic data-protection activity. UserPnp/DeviceInstall relates to device installation events, while TerminalServices-LocalSessionManager provides Remote Desktop and terminal-session telemetry. Those sources can be valuable during investigations but are not the primary log channel for capturing PowerShell-based fileless execution.

Study Guide Reference: Security Operations → Logging and Monitoring → Windows Event Logs → PowerShell Logging → Event ID 4104 → Script Block Logging → Fileless Malware Detection.