Which of the following is the BEST recommendation when a key risk indicator (KRI) is generating an excessive volume of events?

An excessive volume of KRI events often indicates that the KRI is poorly designed, its thresholds are incorrectly set, or it is tracking an issue that is too common or not truly indicative of significant risk. Reevaluating the KRI's definition, data sources, calculation methodology, and thresholds allows for refinement, ensuring it provides meaningful, actionable insights rather than excessive noise that distracts from genuine risks.

Developing a corresponding Key Performance Indicator (KPI) measures performance against objectives, which is different from resolving an overactive risk indicator.

Monitoring KRIs within a specific timeframe is a standard practice, but it does not address the underlying issue of an improperly tuned KRI generating too many alerts.

Activating the incident response plan is for actual security incidents; an excessive KRI volume primarily points to a KRI design issue, not necessarily an incident requiring immediate response.