How to resolve the bug introduced by the recent patch for Resident Evil Village

The most recent patch, distributed on October 14, 2022, led to some unexpected behavior preventing the launch of the game. A method has been found to resolve this issue using the software on your PC. If you have been affected by this issue, please try following the steps below.
We apologize for the inconvenience, and appreciate your cooperation and understanding.

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Please locate the Resident Evil Village listing within your Steam Library.
Right-click it, and select "Properties."

You will be taken to a screen resembling the attached image.
Please select the Additional Content (DLC) tab, and uncheck the box located beside the following DLC items:
Resident Evil Village - Winters' Expansion
Resident Evil Village - Street Wolf Outfit
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The game should now work as normal.

Once the Winters' Expansion has launched on October 28, please re-enable the DLC items by returning to that screen and re-checking the box for the items.

Update:
The patch distributed on October 14, 2022 included some updates to the game's security features, which may conflict with third-party software. We do not guarantee functionality of any of our products, including this game, when used with third-party software. If you have been using any such software, please try removing all related files and then running the game.
Please understand that any saved data created while using third-party software may not function properly even after all software and related files have been removed.

Once again, we apologize for the inconvenience to you, our devoted fans.

Sincerely, the Resident Evil Village Dev Team