Watching Snowflake; Traders Circulate 'UNC5537 Targets Snowflake Customer Instances for Data Theft and Extortion'; UNC5537 Is A Threat Actor Group That Claims It Has Been Targeting Snowflake Database Customers
Portfolio Pulse from Benzinga Newsdesk
Snowflake is under scrutiny as traders circulate information about UNC5537, a threat actor group targeting Snowflake database customers for data theft and extortion.
June 10, 2024 | 1:40 pm
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Snowflake is facing a security threat from UNC5537, a group targeting its database customers for data theft and extortion. This could impact customer trust and stock prices in the short term.
The news about UNC5537 targeting Snowflake's database customers for data theft and extortion is likely to cause concern among investors. This could lead to a short-term decline in stock prices due to potential impacts on customer trust and the company's reputation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100