What is a "cybersecurity incident response plan"?

Prepare for the FedVTE Cyber Risk Management Test. Practice with flashcards and multiple choice questions, each with hints and explanations. Be ready for your exam!

A "cybersecurity incident response plan" is fundamentally a documented strategy specifically designed to outline the processes and procedures an organization will follow in the event of a cybersecurity incident. This plan is critical for effectively managing risks and ensuring a prompt and organized response to various types of security breaches, such as data leaks, network intrusions, or malware infections.

The plan typically includes steps for identifying, assessing, and mitigating threats, as well as roles and responsibilities for team members involved in incident response. It ensures that an organization can quickly contain and recover from an incident, minimizing damage, protecting sensitive information, and maintaining trust with stakeholders.

Developing this plan requires comprehensive knowledge of the organization's IT infrastructure, potential threats, and best practices in incident response. By having a well-documented strategy, organizations are better prepared to respond rapidly and efficiently, reducing downtime and potential financial losses while ensuring compliance with regulatory requirements.

Thus, option B accurately captures the essence of what a cybersecurity incident response plan entails, making it the correct choice. The other options focus on areas not directly related to the specific purpose and components of an incident response plan.

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