Risk appetite refers to the level of risk that an organization is willing to accept in order to achieve its objectives. In this scenario, the security engineer is concerned that the timeframe for implementing a new application does not allow for sufficient cybersecurity due diligence. This reflects a situation where the organization's risk appetite might be too high if it proceeds without the necessary security checks.
References = CompTIA Security+ SY0-701 study materials, particularly in the domain of risk management and understanding organizational risk appetite.