In the context of NIST's incident response guidelines, management is responsible for coordinating incident response among various business units, minimizing damage, and reporting to regulatory agencies. Management plays a key role in overseeing the incident response process to ensure that it is carried out effectively across all parts of the organization and that compliance with legal and regulatory requirements is maintained12.
References :=
* NIST SP 800-61 Rev. 2, Computer Security Incident Handling Guide1.
* InfraExam's discussion on incident response stakeholder responsibilities