Australian authorities raised concerns about successful data compromises within companies using Snowflake, involving massive data breaches from Santander Bank and Ticketmaster.
Snowflake acknowledged potential unauthorized access to a limited number of customer accounts, attributing it to a targeted campaign aimed at users with single-factor authentication and infostealing malware.
Snowflake allows customer management of security, with no automatic requirement for multi-factor authentication (MFA), potentially enabling cybercriminals to exploit vulnerabilities in single-factor authentication systems.
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