A SOC analyst at a pharmaceutical company is investigating a high-severity alert from their SIEM. The alert triggered on a correlation rule that detects a successful VPN login from an un-recognized IP address followed within two minutes by the execution of `powershell.exe -e JABj...`. The Base64 encoded string is too long to be fully displayed in the alert summary. What is the analyst's most critical immediate next step to determine the nature of the potential incident?