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VisitSnowflake to Close Hacking Probe This Week After Attack Targeted 165 Customers
Jun 13, 2024, 04:55 PM
Snowflake Inc. plans to close its investigation this week into a recent hacking campaign that targeted its clients. The cloud data and analytics company, trading under $SNOW, reported that the attack ensnared as many as 165 of its customers. Snowflake has not detected any unauthorized access into customer accounts since early last week. The decision to conclude the probe comes after thorough internal checks and monitoring, ensuring the security of customer data.
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Markets
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Customer retention improves • 33%
Customer retention decreases • 33%
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Snowflake's Q4 2024 earnings report
Underperforms peers • 33%
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