The WCRF says that ham can cause bowel cancer, does this apply to premium hams?

The WCRF (World Cancer Research Fund) has released a report saying that eating ham can cause bowel cancer. I’m wondering, does this just refer to cheap "processed" ham made from reconstituted meats, or does it also refer to premium hams such as serrano, parma, or any quality cooked/sliced ham?

It refer’s to Red meats and processed meats which are suppose to be responsible for causing Bowel cancer over long periods of time,
Hope this helps

Premium hams are also a risk if eaten in large amounts over prolonged periods