What is a security incident response plan?

A security incident response plan is fundamentally a structured approach designed to manage and address the consequences of a security breach or attack effectively. Its primary purpose is to provide a framework for organizations to respond promptly and efficiently to incidents that threaten the confidentiality, integrity, and availability of their information assets. This plan outlines specific roles and responsibilities, communication protocols, steps to contain the incident, methods for eradicating the threat, and procedures for recovery and post-incident analysis.

In contrast, the other options do not relate to the management of security incidents. Hiring procedures, customer complaint handling, and financial fraud reporting involve different operational aspects and do not focus on the proactive and reactive measures necessary to safeguard an organization during a security event. This distinction emphasizes the critical nature of a security incident response plan in maintaining organizational security and resilience.