A financial company has experienced a data breach that resulted in the exposure of sensitive customer information. As part of the incident response process, the company must document the details of the 5Ws of the incidents including who was involved, what happened, what it occurred, where it took place, and why it happened. What is the significance of recording the 5Ws on an incident in the incident response reporting process? It helps identify the financial impact of the incident? It assist in assessing the effectiveness on security records? It helps determine the level of regulatory compliance necessary? It provides a clear and complete understanding of the incident