I've had that happen in third when the Nanny takes control, it'll cut boost and if it's severe it'll close the throttle. Even ESC off.
I tested it over & over in the rain one night.
I'm still on 60% and prob will stay there for a while but I'm running 330* injector tables similar to what I *think* the TF layer was for E85, no way to know for sure though.