After a compliance team identifies a security vulnerability, what should happen next according to the scenario?

After identifying a security vulnerability, it is crucial for the governance team to review and approve the proposed response plan before any implementation occurs. This step ensures that the response aligns with the organization's overall risk management strategy and complies with established policies and regulations. By codifying the response plan in policy documents, the governance team formalizes the actions to be taken and sets a precedent for future incidents, ensuring that there is a consistent approach to handling similar vulnerabilities down the line.

This structured process helps mitigate risks effectively, fosters accountability, and enhances the organization's security posture by incorporating learned lessons into future policies and protocols. It also ensures that the response is well-coordinated among various stakeholders, which is vital for an effective resolution to the identified vulnerability.