Hi Houndekindo, it's not a mitigation tool but a response tool for enabling the team to quickly identify and contain a cyber incident. Time is of the essence when responding to cyber incidents / threats. By having a playbook it provides steps to take when a particular incident has occurred, what to do, and consistent response procedures. In other words it's a critical component to cyber-security preparedness for the team and company.

On Incident tracking, you need a method for categorizing incidents to identify trends, lessons learned, and use that information to drive risk management practices.