This solution meets the requirement of recovering the EC2 instances if the AWS account is compromised and the EBS snapshots are deleted. By creating a new AWS account with limited privileges, the company can isolate the backup snapshots from the main account and reduce the risk of accidental or malicious deletion. By allowing the new account to access the KMS key that encrypts the EBS snapshots, the company can ensure that the snapshots are copied in an encrypted form and can be decrypted when needed. By copying the encrypted snapshots to the new account on a recurring basis, the company can maintain a consistent backup schedule and minimize data loss.