Jun 11, 03:30 AM

Snowflake Urges MFA Amid Cybersecurity Investigations, Revenue Questions, and Threat Actor Targeting

Snowflake, a cloud data platform, is advising customers to enable Multi-Factor Authentication (MFA) amidst ongoing investigations into cybersecurity incidents. Mandiant has shared findings indicating incidents dating back to Nov. 2020, raising questions about revenue links to organized crime. Concerns about potential revenue and earnings restatements are emerging following the security breaches. Snowflake accounts have been compromised due to credential issues, leading to a data breach at Pure Storage. Threat actors have targeted Snowflake customers, extorting victims and emphasizing the importance of MFA.

#Snowflake #Mandiant #Pure Storage

Written with ChatGPT (GPT-3).