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All issuesVolume 315, Issue 2IT NewsSecurity

Mandiant Report: Snowflake Users Targeted For Data Theft And Extortion

TechRepublic, Wednesday, June 12th, 2024

A threat actor exploited the Snowflake platform to target organizations for data theft and extortion using compromised credentials. Learn how to protect your business from this threat.

A new report from Mandiant, part of Google Cloud, reveals that a financially motivated threat actor named UNC5537 collected and exfiltrated data from about 165 organizations' Snowflake customer instances. Snowflake is a cloud data platform used for storing and analyzing large volumes of data.

The threat actor managed to get access to these data by triggering credentials that were previously stolen by infostealer malware or purchased from other cybercriminals.

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