During the process of choosing a new third-party provider for cybersecurity services, it has come to light that a member of the leadership team has a close family member who holds a significant position at one of the contending firms. What is the most appropriate step to ensure that the selection process remains unbiased?
Continue the process without a specific protocol in place, as the organization lacks a policy regarding such situations.
The leader should simply declare the personal connection publicly before a decision is made.
The selection should move ahead without acknowledgment, treating all vendors equally.
The involved leader should voluntarily withdraw from any involvement in the procurement decision.