Snowflake news and trends

Hackers Increasing Pressure on Snowflake Customers to Make Ransom Payments
Security & Fraud // June 17, 2024

Hackers who targeted Snowflake customers are reportedly demanding ransom payments ranging from $300,000 to $5 million from as many as 10 breached companies. The hacking group, known as UNC5537, accessed the Snowflake accounts of approximately 165 customers and stole valuable data, Bloomberg reported Monday (June 17). Austin Larsen,...

Fresh Wave of Major Cyberattacks Exposes Key Enterprise Security Weaknesses
Cybersecurity // June 11, 2024

On a weekly basis, businesses operating within security-critical industries are reminded that security is critical. In just the past handful of days, three substantial cyberattacks on city governments, healthcare systems, and a sensitive data storage cloud infrastructure platform occurred independently. On Monday (June 10), it...

CE 100 Index Adds 1.9% as C3.ai and Porch Lead Gainers
Connected Economy // March 04, 2024

The Connected Economy 100 Index notched a 1.9% gain as February gave way to March. And of the 10 pillars, only one — the Be Well segment — lost ground, off 0.2%.  United Healthcare shares gave up 7.1%.  A cyberattack on Change Healthcare, owned by...

CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
Connected Economy // June 05, 2023

In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the CE 100 Index outpaced its broader market peers. To that end, the CE 100 Index gained 3.3% as all pillars...

Interviews & Exclusives
CE 100 Index Adds 1.9% as C3.ai and Porch Lead Gainers

March 04, 2024
The Connected Economy 100 Index notched a 1.9% gain as February gave way to March. And of the 10 pillars, only one — the Be Well segment — lost ground, off 0.2%.  United Healthcare shares gave up 7.1%.  A cyberattack on Change Healthcare, owned by United Healthcare, has reportedly affected a number of pharmacies. “Once […]

CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  

June 05, 2023
In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the CE 100 Index outpaced its...

AI Dominates CE 100 Headlines but Index Posts Muted 0.5% Gain

May 29, 2023
All AI. All the time, it seems. The CE 100 Index headed into a shortened holiday week with only slight gains, up 0.5%. And as has been seen in recent...

CE 100 Index Notches 2.7% Gain as eCommerce Platforms Surge

January 09, 2023
One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid up stocks tied to several...

Quick Reads
Report: Consumer Data From Snowflake Hack Being Sold to Cybercriminals

June 20, 2024
Consumer data from LendingTree subsidiary QuoteWizard was reportedly stolen by hackers, who are selling it to the highest bidder on cybercriminal forums. The theft and subsequent sale of stolen data may be part of the incident in which hackers accessed cloud database accounts hosted by Snowflake, Bloomberg reported Thursday (June 20), citing unnamed sources. LendingTree […]

Hackers Increasing Pressure on Snowflake Customers to Make Ransom Payments

June 17, 2024
Hackers who targeted Snowflake customers are reportedly demanding ransom payments ranging from $300,000 to $5 million from as many as 10 breached companies. The hacking group, known as UNC5537, accessed the Snowflake...

Blue Yonder, Snowflake Team up on Supply Chain Data Management

March 29, 2022
Digital supply chain platform Blue Yonder and data cloud company Snowflake are collaborating to improve access to supply chain data, according to a Tuesday (March 29) press release. Blue Yonder’s...

Kount, Snowflake Team To Offer Customer Data Insights

December 01, 2020
Kount, which works in digital fraud protection and identity trust, announced today (Dec. 1) that it is working with data cloud provider Snowflake to provide enhanced, artificial intelligence- (AI) driven...