What aspect of risk management does an incident response plan (IRP) specifically address?

An incident response plan (IRP) is specifically designed to address the organization's procedures and actions in response to security incidents. This includes steps to identify, contain, eradicate, and recover from information security breaches or attacks. The purpose of an IRP is to ensure that responses to incidents are swift, coordinated, and effective, minimizing damage and restoring normal operations as quickly as possible.

By having a structured approach outlined in the IRP, organizations are better prepared to handle unexpected security events, which directly ties to their overall risk management strategy. This proactive preparation is essential in mitigating risks associated with potential security breaches and maintaining organizational resilience.

The other options provided do not directly align with the primary function of an IRP. Financial audits focus on assessing and improving financial reporting processes, marketing effectiveness pertains to evaluating strategies for market engagement, and employee training is related to developing skills and awareness among staff, but it does not specifically relate to managing security incidents.