According to the SnowPro Advanced: Architect documents and learning resources, the security, governance, and data protection features that require, at a minimum, the Business Critical edition of Snowflake are:

Customer-managed encryption keys through Tri-Secret Secure. This feature allows customers to manage their own encryption keys for data at rest in Snowflake, using a combination of three secrets: a master key, a service key, and a security password. This provides an additional layer of security and control over the data encryption and decryption process1.

Periodic rekeying of encrypted data. This feature allows customers to periodically rotate the encryption keys for data at rest in Snowflake, using either Snowflake-managed keys or customer-managed keys. This enhances the security and protection of the data by reducing the risk of key compromise or exposure2.

The other options are incorrect because they do not require the Business Critical edition of Snowflake. Option A is incorrect because extended Time Travel (up to 90 days) is available with the Enterprise edition of Snowflake3. Option D is incorrect because AWS, Azure, or Google Cloud private connectivity to Snowflake is available with the Standard edition of Snowflake4. Option E is incorrect because federated authentication and SSO are available with the Standard edition of Snowflake5. References: Tri-Secret Secure | Snowflake Documentation, Periodic Rekeying of Encrypted Data | Snowflake Documentation, Snowflake Editions | Snowflake Documentation, Snowflake Network Policies | Snowflake Documentation, Configuring Federated Authentication and SSO | Snowflake Documentation