What is one goal of an "Incident Response Plan"?

The goal of an Incident Response Plan centers around minimizing the impact from compliance breaches. An effectively designed Incident Response Plan is essential for organizations to quickly address and manage the aftermath of security incidents, data breaches, or compliance violations. By having a structured response strategy, organizations can mitigate risks, reduce damage, and maintain compliance with regulatory requirements.

Such a plan involves clearly defined procedures for identifying, investigating, and responding to incidents, which can help limit financial losses, protect the organization’s reputation, and ensure that any legal or regulatory obligations are met. This proactive approach not only addresses immediate concerns but also aids in the long-term prevention of future incidents by identifying weaknesses and enhancing overall risk management strategies.

The other choices, while important to business operations, do not align with the primary purpose of an Incident Response Plan. Maximizing profits during a crisis does not inherently relate to compliance or incident management, promoting new product development typically falls under innovation strategies, and enhancing customer service, while valuable, is not a core objective of responding to incidents related to compliance breaches.