Hackers breached 10 companies targeting Snowflake users, demanding ransoms and auctioning stolen data.

Hackers demanding $300,000-$5m ransoms from as many as 10 companies breached in campaign targeting Snowflake users. Cybercriminals aim to profit from stolen data, auctioning it on illegal online forums to pressure companies into making payments. Snowflake, a cloud-based data analytics firm, confirmed a targeted attack on users using single-factor authentication techniques.

June 17, 2024
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