A company uses Amazon RDS with default backup settings for Its database tier The company...

Current Backup Settings: By default, Amazon RDS creates automated backups with a retention period of 7 days.

Regulatory Requirements: The requirement is to retain daily backups for 30 days.

Adjusting Retention Period: You can modify the RDS instance settings to increase the automated backup retention period to 30 days.

Operational Overhead: This solution is the simplest as it leverages existing automated backups and requires minimal intervention.

Implementation: The change can be made via the AWS Management Console, AWS CLI, or AWS SDKs.

References

Amazon RDS Backups:Amazon RDS Documentation