Final answer:
The cybersecurity team is in the Initial phase of the awareness program development, focusing on setting objectives and selecting tools to educate about security threats.
Step-by-step explanation:
The cybersecurity team is currently in the Initial phase of the awareness program development process. During this phase, they define objectives, select tools, and outline the scope of the programs to educate employees about potential security threats. Increased security measures for individuals and companies, such as two-factor authentication, the creation of stronger passwords, and education to avoid scams, are crucial in this phase. Large-scale data breaches, such as those experienced by Target and JP Morgan, underscore the importance of cybersecurity awareness and training to prevent identity theft and other cyber threats.