Brad Jones VP Of Information Security At Snowflake Says "We Are Aware Of Recent Reports Related To A Potential Compromise Of The Snowflake Production Environment; We Have No Evidence Suggesting This Activity Was Caused By Any Vulnerability, Misconfiguration, Or Breach Of Snowflake's Product; Snowflake Does Not Believe That It Was The Source Of Any Of The Leaked Customer Credentials"
Portfolio Pulse from Benzinga Newsdesk
Brad Jones, VP of Information Security at Snowflake, addressed reports of a potential compromise in Snowflake's production environment. He stated there is no evidence of any vulnerability, misconfiguration, or breach in Snowflake's product and that Snowflake does not believe it was the source of any leaked customer credentials.
May 31, 2024 | 6:38 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Snowflake's VP of Information Security, Brad Jones, has addressed recent reports of a potential compromise in the company's production environment. He assured that there is no evidence of any vulnerability, misconfiguration, or breach in Snowflake's product and that the company does not believe it was the source of any leaked customer credentials.
The statement from Snowflake's VP of Information Security aims to reassure investors and customers that there is no evidence of a breach or vulnerability in their product. This should help mitigate any immediate negative impact on the stock price, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100