In July 2023, XYZ financial changed its business process application to a SAAS solution provided by Azure. Which of the following would most likely be management's GREATEST concern in terms of information security with regards to this event?
1) The Azure SOC 2 Type 2 report contains an exception condition relating to the location of business continuity recovery sites
2) The migration into a shared infrastructure exposes XYZ to unauthorized users gaining access to confidential data
3) Per the Azure SOC 2 Type 2, a small number of Azure administrators may have view privileges to Bank information
4) Authorized XYZ users will be able to access information from any location and device