You can now restore a standalone MySQL DB system to a specific point in time by using the Point in Time Recovery (PITR) feature.
With PITR enabled, the MySQL binary log is safely archived outside the DB system hosts, allowing you to achieve a Recovery Point Objective (RPO) of approximately five minutes.

You can enable PITR in new or existing DB systems online without impacting the database operations.

For more information, see Point-In-Time Recovery.