A financial institution must store transaction records securely with the ability to access them quickly if audited. The records do not need to be accessed regularly but must be retrievable within minutes when requested. Which AWS storage option meets these requirements while balancing cost and retrieval time?
Amazon S3 Standard-Infrequent Access (S3 Standard-IA) is the best choice for data that is accessed less frequently, but requires rapid access when needed. It offers a lower storage cost compared to Amazon S3 Standard, while still providing high throughput and fast access to data when an audit occurs, which satisfies the financial institution's need for quick retrieval during unexpected audits.
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