In this research, we uncover a major data breach involving the cloud storage giant, Snowflake, where a threat actor accessed and exfiltrated a massive amount of data from hundreds of companies. The breach began with a single credential stolen from a Snowflake employee and escalated to the threat actor attempting to blackmail Snowflake for $20,000,000. The hack highlights the devastating impact of Infostealer infections, a cybercrime trend that has surged by 6000% since 2018. Snowflake has acknowledged the breach and is investigating the situation. Hudson Rock continues to provide updates on this evolving cyberattack.
https://www.hudsonrock.com/blog/snowflake-massive-breach-access-through-infostealer-infection