Snowflake Data Breach: SNOW Stock Falls as More Details Emerge
SNOWSnowflake(SNOW) Investor Place·2024-06-11 03:28

Snowflake (NYSE:SNOW) is seeing shares decline amid a data-compromising controversy. Indeed, an unknown number of users may have been affected by the so-called Snowflake data breach, which appears to have stemmed from the use of single-factor authentication (SFA) as opposed to more rigorous multi-factor authentication (MFA). Now, SNOW stock is bearing the brunt of the damage today. At the beginning of the month, Australian authorities warned about the increased threat of cyberattacks targeting Snowflake cus ...