Financially motivated cybercriminals stole a 'significant volume of data' from hundreds of Snowflake customers. UNC5537, a cybercriminal gang, targets customers for extortion and data theft. Stolen credentials are used for unauthorized access.
Mandiant and Snowflake are investigating data thefts affecting around 165 customers. The attacks, starting in April, have led to compromised data from multiple sectors like healthcare, retail, and tech companies using Snowflake.
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