What should be developed to address the specific processing activities of an organization?

The correct answer is a Privacy Program. A Privacy Program is essential for organizations to systematically manage and address their data processing activities in compliance with applicable privacy laws and regulations. It encompasses policies, procedures, and practices designed to ensure that personal data is collected, stored, used, and shared in a way that respects individuals' privacy rights.

Developing a Privacy Program helps organizations identify their specific processing activities, assess risks associated with those activities, and implement necessary controls to mitigate those risks. This includes establishing data handling practices, conducting regular privacy training, and ensuring that there are clear accountability measures in place.

The other options, while important in their own right, do not specifically focus on the comprehensive approach needed to manage all aspects of data privacy associated with processing activities. A Data Analysis Plan is more about how data will be analyzed rather than ensuring data privacy compliance. Security Incident Management focuses on responding to data breaches and ensuring that data security measures are in place, but it does not encompass the overall management of data privacy. A Governance Framework usually outlines the structure and responsibilities related to data management but lacks the targeted approach needed to address privacy concerns directly.