Which of the following scenarios BEST exemplifies the appropriate utilization of a Cold site in a business continuity plan?
A tech start-up that offers real-time cloud services needs to ensure a rapid recovery time objective to maintain its customer service level agreements.
A financial institution requires a fallback location with minimal disruption tolerance in its operations, as the online transactions must be sustained with high availability.
A company with a limited disaster recovery budget, which can tolerate a week-long disruption in its operations, requires a low-cost alternative office space to resume its business functions.
An online retailer with high transaction volumes, especially during holiday seasons, needs an immediate failover site to prevent revenue loss.