Which of the following best describes an incident response team?

An incident response team is characterized by its specialized focus on responding to cybersecurity threats. This team is made up of trained professionals who are adept at identifying, managing, and mitigating cyber incidents to minimize damage and recovery time. Their responsibilities typically include assessing security breaches, containing threats, investigating incidents, and developing plans for recovery while ensuring lessons learned are used to improve future responses.

The other options describe functions that do not align with the primary objective of an incident response team. Monitoring routine system operations does not involve the immediate and reactive measures necessary for dealing with cyber threats. Handling employee grievances pertains to human resources issues, which fall outside the scope of cybersecurity. Lastly, a committee overseeing financial audits deals with financial compliance and reporting rather than incident management or cybersecurity concerns. Therefore, the role of an incident response team is distinctly focused on cybersecurity threats, making the correct description the one that highlights their specialized function in this area.