As someone who's entire job is to maintain a gigantic qradar cluster (IBM won't sell us larger licenses), I sure hope 1p have to logs to back their claims because I know that it is possible that they do.
Full PCAP, process auditing and centralized logs are not only a thing, they have been for decades.
It just simply isn't worth the investment for CIO/CTO/CISO types because it isn't sexy. To say it's impossible is just factually inaccurate.
I know more than a few places doing 40gbps and 100gbps full packet capture for 30+ days. And relatively speaking, the investment isn't that large (for tens of petabytes it isn't as expensive as you might think).