James has been appointed as an incident handling and response (IH&R) team lead andhe was...

In the context of incident handling and response (IH&R), the preparation phase is the initial step where teams and resources are organized to effectively respond to potential security incidents. This phase involves building the IH&R team, developing incident response plans and policies, setting up communication channels, and ensuring that the team has the necessary tools and authority to act. James, being assigned to build an IH&R plan and organize his team, is engaging in the preparation step of the incident response process. This foundational step is crucial for ensuring a coordinated and efficient response to incidents when they occur.